Today’s investors must work harder to flip homes

Higher prices haven’t put an end to home flipping in South Florida, a new report shows.

Flips accounted for 6.3 percent of third-quarter home and condominium sales in Palm Beach County, up from 5.9 percent in the same period of 2014, according to real estate website Trulia.com.

In Broward, flips accounted for 6.1 percent of sales, compared with 5.7 a year earlier. Miami-Dade County’s share of flipped homes was 6.4 percent, up from 4.7 percent, ranking as the biggest increase in the country, Trulia said.

Read more…

http://www.sun-sentinel.com/business/realestate/fl-house-flipping-20160217-story.html

http://www.RSF-TRUST.com
#RealtyServicesFlorida
#JeanDeglon

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