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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New$635,000
Bn08 - East Of Us41 South Of Ter
Courtesy of DomainRealty.com LLC
2 BEDS2 BATHS1149 SQFTShare this Property -
New$1,250,000
Valencia Bonita
Courtesy of Berkshire Hathaway Homeservice
3 BEDS4 BATHS2900 SQFTShare this Property -
New$339,000
Morton Grove Condo
Courtesy of Keller Williams Realty Naples
3 BEDS2 BATHS1523 SQFTShare this Property -
New$2,500,000
Rio Vista Unrecorded Subdivision
Courtesy of Coldwell Banker Realty
6 BEDS5 BATHS4030 SQFTShare this Property -
New$589,810
Bn07 - East Of Us41 North Of Ter
Courtesy of Coral Real Estate
3 BEDS3 BATHS2308 SQFTShare this Property -
New$599,000
Bn10 - East Of Old 41 South Of S
Courtesy of Fidelity Florida Realty Corp
3 BEDS2 BATHS1693 SQFTShare this Property -
New$819,000
Cedar Creek
Courtesy of Smart Realty of Florida PA
4 BEDS3 BATHS2413 SQFTShare this Property -
New$420,000
Spanish Wells
Courtesy of Coldwell Banker Realty
2 BEDS2 BATHS1386 SQFTShare this Property -
New$295,000
Lakeside Hideaway
Courtesy of Premier Sotheby's Int'l Realty
2 BEDS2 BATHS1129 SQFTShare this Property -
$525,000
Village Walk Of Bonita Springs
Courtesy of Douglas Elliman Florida,LLC
2 BEDS2 BATHS1534 SQFTShare this Property -
$239,000
San Mirage
Courtesy of Marzucco Real Estate
1 BEDS1 BATHS713 SQFTShare this Property -
$1,999,000
Bonita Bay
Courtesy of Dellatore Real Estate Company
3 BEDS3 BATHS2471 SQFTShare this Property