Why do you think House Flipping is back ?
House flipping returns – but not everybody’s happy
- Flipping, defined as the sale of a home at least twice within a year, made up 6.1 percent of all home sales in 2016, up from 5.3 percent the previous year and the highest level since 2006, real estate research firm Trulia saysin a new report.
- In Las Vegas, for example, 11.6 percent of the houses flipped last year required a city permit for remodeling, the highest on records dating to 2000, Trulia says.
- Home prices increased at a double-digit rate in 2013 and 2014 as the market recovered from the downturn, but credit was still tight, forcing many investors to make all-cash purchases and limiting flips, McLaughlin says.
- The National Association of Realtors® said the median existing home price rose 4 percent last year, and the S&P CoreLogic Case-Shiller national index has shown slightly faster increases.
Source: Florida Realtors
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Bonita Bay
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3 BEDS3 BATHS2424 SQFTShare this Property -
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Spanish Wells
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2 BEDS2 BATHS1500 SQFTShare this Property -
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Village Walk Of Bonita Springs
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2 BEDS2 BATHS1534 SQFTShare this Property -
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Cordera
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3 BEDS3 BATHS2033 SQFTShare this Property -
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Little Hickory
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2 BEDS2 BATHS1231 SQFTShare this Property -
$489,000
Spanish Wells
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3 BEDS2 BATHS1705 SQFTShare this Property -
$525,000
Bn12 - East Of I-75 South Of Cit
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2 BEDS2 BATHS1534 SQFTShare this Property -
$1,599,999
Bn05 - Pelican Landing And North
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3 BEDS4 BATHS3295 SQFTShare this Property -
$579,900
Bonita Bay
Courtesy of Premiere Plus Realty Company
3 BEDS2 BATHS1311 SQFTShare this Property -
$1,575,000
Bonita Bay
Courtesy of Barefoot Beach Properties
3 BEDS3 BATHS2616 SQFTShare this Property -
$1,700,000
Bn06 - North Bonita East Of Us41
Courtesy of Tampa Luxury Real Estate Group Inc
5 BEDS3 BATHS3115 SQFTShare this Property -
$335,000
Highland Woods
Courtesy of Compass Florida LLC
2 BEDS2 BATHS1232 SQFTShare this Property