Aug 30, 2010

Flipping and the Housing Market

[NPR Audio feed]

I tend to agree with many of the sentiments of the house flipper being interviewed. There definitely are great deals available due to the sheer number of distressed housing inventory in many local real estate markets. However, in our "on the ground" experience renovating homes in the Phoenix, AZ market, the margins have become noticeably tighter this year in comparison to the last two years due to the increase in investors / cash buyers.

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