real estate in el dorado county real estate by diane hallcalifornia real estate: Flipping Homes could Spike the Real Estate Market
- 01/17/10 07:53 AM
With the new rule on flipping homes extended--we should at least see the home comparables adjust, if, investors buy homes at a low price and resell at a higher price within a short period time. I hope the appraisers will consider this .I think one of the biggest problems is the appraisals, since some of these homes are selling below a decent market value. Hopefully the extended ruling will spur buyers to invest and flip. Maybe a spike in home sales?-----I wish I had the money right now---- (2 comments)