Absorption Rate Analysis: June 2023 Sees 5 Record Highs

While June’s absorption rate statistics favored surges further into the seller’s market (no shock there), we saw a bit more balance than May’s brutal surge-fest. For one, June’s most aggressive climb was nine percentage points; a far cry from the vicious 15% lunge we saw in Upland in May. Also, while we only witnessed two […]

Absorption Rate Analysis: May 2023 – Surprise! More Seller’s Favor Surges

We hope you enjoyed last month’s drops (in all but two of our neighborhoods, anyway) closer to buyer’s territory. Because a good amount of those same neighborhoods are snapping right back up like a bungee cord, rocketing us even further into the seller’s favor. Sure, there are a couple of neighborhoods still powering on with […]

Allegations of Unethical House Flippers Prompt Call for Regulations

Nonprofit media organization ProRepublica recently published a piece drawing attention to disturbing allegations against one of the biggest corporate house flippers in the industry. Their journalistic scrutiny brings to light several tales of the unethical, bordering on horror. It’s demanding a distinction between service and abuse; two completely disparate concepts with a surprisingly blurry line […]