"Bubblicious" High End Flipping Up 350%, Overall Flipping Down 13%
MishTalk
OCTOBER 20, 2013
Flipping houses went out of fashion around 2008, along with flip phones and sub-prime mortgages. For the market as a whole, flips of single family homes fell 13% in the third quarter, according to new research from RealtyTrac, with investors earning a gross profit of nearly $55,000 on each property.
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