Thursday, May 30, 2013

House Flippers Re-Emerge,

House Flippers Re-Emerge,
Looking to Cash In: With rising home prices, investors are eyeing house flipping again as a way to make a profit in real estate.  
Much of the house flipping is centered in California, where prices are on the rise by some of the highest amounts. For example, the number of homes sold in California recently that have been bought and resold within six months has reached its highest level since late 2005, according to PropertyRadar research. About 5 percent of all homes in the state have been flipped this year through April, according to the data.  ‘Flippers’ Get a Break From FHA

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