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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$725,000
Fairwinds
Courtesy of Premier Sotheby's Int'l Realty
4 BEDS3 BATHS2641 SQFTShare this Property -
$449,000
Beach And Tennis Club
Courtesy of Maxim LLC
1 BEDS1 BATHS508 SQFTShare this Property -
$700,000
Bn12 - East Of I-75 South Of Cit
Courtesy of DomainRealty.com LLC
4 BEDS3 BATHS2032 SQFTShare this Property -
$735,000
Paloma
Courtesy of Douglas Elliman Florida,LLC
3 BEDS3 BATHS2611 SQFTShare this Property -
$599,500
Bn06 - North Bonita East Of Us41
Courtesy of DomainRealty.com LLC
4 BEDS3 BATHS2075 SQFTShare this Property -
$480,000
Hunters Ridge
Courtesy of William Raveis Real Estate
3 BEDS2 BATHS1482 SQFTShare this Property -
$525,000
Bonita Bay
Courtesy of Keller Williams Realty Naples
2 BEDS2 BATHS995 SQFTShare this Property -
$615,900
Bn12 - East Of I-75 South Of Cit
Courtesy of Keller Williams Elite Realty
2 BEDS2 BATHS2063 SQFTShare this Property -
$298,900
Bn11 - South Of Bonita Beach Roa
Courtesy of Next Home Coast 2 Coast
2 BEDS2 BATHS1030 SQFTShare this Property -
$495,900
Bn08 - East Of Us41 South Of Ter
Courtesy of John R. Wood Properties
2 BEDS2 BATHS1275 SQFTShare this Property -
$419,000
Bn07 - East Of Us41 North Of Ter
Courtesy of Premiere Plus Realty Company
3 BEDS2 BATHS1646 SQFTShare this Property -
$349,000
Imperial Harbor
Courtesy of Keller Williams Elite Realty
3 BEDS2 BATHS1296 SQFTShare this Property