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Florida Real Estate Flippers & Investors are Helping Our Real Estate Market

By
Real Estate Agent with RE/MAX Platinum Realty
Back in the mid-2000's, Florida's real estate market was teeming with investors and hopefull flippers. Were they a cause of the over inflation of home prices? Yes, they were part of the market over stimulation. But, so were the banks and everyone eager to make money! Now, in 2010, we see an unending supply of foreclosures and short sales. Are the flippers part of the problem. NO! In my opinion, they are part of the solution. They are helping by buying the short sales and foreclosures, doing repairs or whatever is needed, and then reselling them. I see nothing wrong here. If it weren't for the investors coming back to the Florida market place, we'd be in much worse condition. Do you see the banks being part of the solution. NO. They are making it more and more difficult to qualify for a loan. Investors and flippers pay cash so most don't need the banks! The banks need to be part of the solution - when are they going to "get it"! What's the answer? I say, bring on the flipper investors. Buy, Buy, Buy and help Floridians get out of their jungle of short sales, foreclosures and underwater homes. And, while you're at it, make some money for yourself, you deserve to make a profit.
Posted by

Kristin K Triolo, Broker Owner
CIPS, CRS, GREEN, GRI
Sarasota Homes International, LLC
Serving Sarasota and Manatee County
Kristin.triolo@gmail.com
Mobile/Text  (941) 725-2486
http://SarasotaHomesInternational.com 

Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

Flippers and investors create a lot of jobs too. Contractors, subcontractors, lenders, title, survey, Realtors, hardware stores, etc. all get work as part of the fix and flip process. 

Aug 22, 2010 04:38 AM
Kristin Triolo
RE/MAX Platinum Realty - Sarasota, FL
Global Realtor/Green Building-Smart Home Certified

Yes, Rob, you are so right! All of the workers you mentioned benefit from real estate sales! Thanks for reminding us all.

Aug 22, 2010 05:35 AM