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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3 BEDS2 BATHS1590 SQFTShare this Property -
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Bn08 - East Of Us41 South Of Ter
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5 BEDS6 BATHS4395 SQFTShare this Property -
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2 BEDS2 BATHS1190 SQFTShare this Property -
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Worthington
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2 BEDS2 BATHS1076 SQFTShare this Property -
$198,000
Bn07 - East Of Us41 North Of Ter
Courtesy of DomainRealty.com LLC
2 BEDS2 BATHS834 SQFTShare this Property -
$375,000
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Courtesy of Align Right RealtySRQ Opulence
3 BEDS2 BATHS1222 SQFTShare this Property -
$850,000
Spanish Wells
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4 BEDS3 BATHS2798 SQFTShare this Property -
$419,000
Beach And Tennis Club
Courtesy of William Raveis Real Estate
1 BEDS1 BATHS508 SQFTShare this Property -
$415,000
Lighthouse Bay At The Brooks
Courtesy of John R Wood Properties
3 BEDS2 BATHS1486 SQFTShare this Property -
$375,000
Vasari
Courtesy of Mato Realty, LLC
2 BEDS2 BATHS1632 SQFTShare this Property -
$3,995,000
Bonita Beach
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5 BEDS4 BATHS3095 SQFTShare this Property -
$920,000
Bn12 - East Of I-75 South Of Cit
Courtesy of Premiere Plus Realty Company
3 BEDS5 BATHS2540 SQFTShare this Property