Real Estate Investor Newsletter: Wednesday August 26, 2015

• Bloomberg Business: Homebuilders Cast Aside Legacy of U.S. Housing Market Collapse [Read Now]
  • Homebuilders are rebuilding the confidence they lost when the U.S. housing market collapsed in the 2000s, and the renewed optimism may gain support from recoveries in sales and share prices. […]
• Los Angeles Times: Is Los Angeles in another real estate bubble? [Read Now]
  • Willam Yu, an economist at the UCLA Anderson School of Management, writes, “Even though Los Angeles is one of the least affordable cities in the U.S., all factors indicate that it is not in a housing bubble.” Read the article to see his rationale.  […]
• Bright Lights, Not-So-Big Cities: Where Americans Are Moving [Read Now]
  • Among today’s urban migrants, Austin, TX, and Riverside, CA, hold more appeal than New York City and Los Angeles. According to the U.S. Census Bureau, about 18% of people who moved last year—that’s 8.5 million people—traded one metropolitan area for another, and a big chunk of them traded down for a smaller city not far away. […]

• Are Millennials buying homes? Should I market to them?
  • [See answer]
• When should I line up a hard money lender for flip financing?
  • [See answer]
• Where can I find good contractors for my flip?
  • [See answer]

Have a question for our lending, real estate, or rehab construction experts? Send us your questions or visit the “Ask Cornerstone” Blog for the answers to these and other questions.

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