A significant driver for the growth of fix and flip loan origination is the age of the US housing stock and the need to either repair or modernize residential real estate. Across America, the median age of housing stock varies by state with parts of the Northeast being the oldest - New York, Massachusetts, Pennsylvania and Rhode Island being 49-59 years old. The Midwest and California make up the next oldest group with the median age being 40-49. The Southeast, Texas and the Western desert states make up the area with the youngest housing. Zillow completed a study back in 2014, breaking down into decades the portion when each state's housing was constructed. States is the South such as Nort
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