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1337irr says
Love me that super dependable data science algorithm!
Its a SWAG but given its California, I think 6% annual price appreciation is reasonable as far as figuring out where it may bottom. So 135 Neptune in Irvine, CA will lose about 25% of value by dropping around $750,000.
Call me a conspiracy theorist, I believe California could be in for a long term decline based on demographics and policies at least I feel pretty certain of that in SoCal. The Bay Area might still have some appreciation but I'm bearish.
I don’t know what you mean by California being an extension of Mexico. I think California’s state government is inept.
https://businessden.com/2022/10/27/nightmare-on-newton-opendoors-154k-flip-loss-illustrates-denver-woes/
Opendoor’s $154,000 flip loss illustrates Denver woes
Open Door is a weak company as far as debt level and profitability. And given the housing crisis now, it is going to $0 unless it can borrow money and turn its business around.
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https://www.cnbc.com/2018/06/13/house-flipping-start-up-opendoor-raises-325-million-series-e.html?__source=realestate%7Cnews%7C&par=realestate