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$647,500
Bonita Village
Courtesy of Waterside Realty Group, Inc
2 BEDS2 BATHS1313 SQFTShare this Property -
New$775,000
Edenbridge Gardens
Courtesy of Marzucco Real Estate
3 BEDS2 BATHS1524 SQFTShare this Property -
New$2,199,997
Bonita Farms
Courtesy of Premiere Plus Realty Company
4 BEDS3 BATHS2351 SQFTShare this Property -
New$169,000
Bonita St James Village
Courtesy of DomainRealty.com LLC
2 BEDS2 BATHS849 SQFTShare this Property -
New$925,000
Spanish Wells
Courtesy of L.H. Fleming & Company, Real Estate
3 BEDS2 BATHS2038 SQFTShare this Property -
New$389,000
Villages Of Bonita
Courtesy of Coldwell Banker Realty
2 BEDS2 BATHS1404 SQFTShare this Property -
New$1,200,000
Bn08 - East Of Us41 South Of Ter
Courtesy of John R. Wood Properties
3 BEDS2 BATHS1916 SQFTShare this Property -
New$350,000
Beach And Tennis Club
Courtesy of William Raveis Real Estate
1 BEDS1 BATHS508 SQFTShare this Property -
New$725,000
Bn09 - Spanish Wells
Courtesy of Keller Williams Realty Naples
3 BEDS2 BATHS1762 SQFTShare this Property -
New$739,000
Bn08 - East Of Us41 South Of Ter
Courtesy of DomainRealty.com LLC
4 BEDS3 BATHS2137 SQFTShare this Property -
New$2,595,000
Bonita Beach
Courtesy of Premiere Plus Realty Company
5 BEDS4 BATHS2917 SQFTShare this Property -
New$570,000
Pirate's Cove Ii
Courtesy of Engel&Voelkers Naples Bonita
3 BEDS1 BATHS1216 SQFTShare this Property