{"id":14076,"date":"2013-10-20T04:06:15","date_gmt":"2013-10-20T11:06:15","guid":{"rendered":"http:\/\/www.seecalifornia.com\/traveltips\/?p=14076"},"modified":"2013-10-20T04:06:41","modified_gmt":"2013-10-20T11:06:41","slug":"house-flippers-california","status":"publish","type":"post","link":"http:\/\/www.seecalifornia.com\/traveltips\/house-flippers-california\/","title":{"rendered":"House Flippers Mostly in California"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone\" alt=\"img\" src=\"http:\/\/www.seecalifornia.com\/images\/lagwincl.jpg\" width=\"920\" height=\"456\" \/><\/p>\n<p>Who lives in nice houses? How can they afford the luxury homes, taxes, etc.? Here&#8217;s one example above. \u00a0The house on the sand that was <a href=\"http:\/\/www.seecalifornia.com\/traveltips\/if-you-can-afford-this-laguna-beach-house-you-can-afford-the-window-cleaners\/\">for sale in Laguna Beach<\/a> was owned by Michael Jackson&#8217;s cosmetic dermatologist, Dr. Arnold William Klein. His patients have included Elizabeth Taylor, Cher, Dolly Parton and other celebs. Some speculate that he is the father of the several of Jackson&#8217;s children, in fact.<\/p>\n<p>Flipping high-end houses is the rage during a period when the housing market for affordable homes has been hot and the more expensive houses, NOT. \u00a0Flipping high-enders went up 42% in the third quarter for homes priced between $1 million and $2 million, and 350% for $2 million-to-$5 million properties, says RealtyTrac.<\/p>\n<p><strong>Over 75% of all high-end flips were in 5 housing market regions&#8211;4 of them in California:<\/strong><\/p>\n<ul>\n<li>Los Angeles<\/li>\n<li>San Francisco<\/li>\n<li>San Jose<\/li>\n<li>San Diego<\/li>\n<li>New York metropolitan area<\/li>\n<\/ul>\n<p><strong>Most expensive housing markets in the nation:<\/strong><\/p>\n<ul>\n<li>1. San Francisco<\/li>\n<li>2. Orange County<\/li>\n<li>3. Los Angeles County<\/li>\n<li>4. New York City metro region<\/li>\n<\/ul>\n<p><strong>Most expensive cities for housing in the U.S.<\/strong><\/p>\n<ul>\n<li>1. Atherton, CA &#8211; average home price $6.67 million<\/li>\n<li>2. Los Altos Hills, CA<\/li>\n<li>3. Belvedere, CA<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who lives in nice houses? How can they afford the luxury homes, taxes, etc.? Here&#8217;s one example above. \u00a0The house on the sand that was for sale in Laguna Beach was owned by Michael Jackson&#8217;s cosmetic dermatologist, Dr. Arnold William Klein. His patients have included Elizabeth Taylor, Cher, Dolly Parton and other celebs. Some speculate [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[],"_links":{"self":[{"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/posts\/14076"}],"collection":[{"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/comments?post=14076"}],"version-history":[{"count":0,"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/posts\/14076\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/media?parent=14076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/categories?post=14076"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.seecalifornia.com\/traveltips\/wp-json\/wp\/v2\/tags?post=14076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}