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Flipping houses is once again a booming business

By Frank Farahbakhsh Moham

Real Estate Broker/Owner BRE# 01353757

October 30, 2012 05:00 AM

Flipping houses is once again a booming business.

Consumers and specially people that are trying to sell, buy, rent, or refinance their homes; save their homes from foreclosure; or sell their properties might hear some different stories and feel differently about the news and how they might be affected by it. Here is an interesting report worth a few minutes of your time:

The Washington Post

Flipping houses is once again a booming business
House flipping earned a bad reputation during the housing boom thanks to speculators who bought and sold millions of homes in search of easy profits. But the practice is gaining popularity again as the nation’s real estate market shows signs of life...

Read the full story.

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Andrew Mooers | 207.532.6573

MOOERS REALTY - Houlton, ME

Northern Maine Real Estate-Aroostook County Broker

Never saw it stop being popular. Buy low, fix up, sell for profit is not a new real estate dog and pony.

Oct 30, 2012 05:07 AM

Bob Usey

Bob Usey Properties - Gulfport, MS

It has always been popular to buy low and sell high. Good post.

Bob Usey

Oct 30, 2012 06:14 AM

Mark Loewenberg

KW of the Palm Beaches - Palm Beach Gardens, FL

KW 561-214-0370

yes we are seeing that again in south florida, they are beating the poor buyers to the punch though

Oct 30, 2012 06:25 AM

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