{"id":3783,"date":"2012-10-17T12:36:46","date_gmt":"2012-10-17T12:36:46","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=3783"},"modified":"2012-10-17T12:36:46","modified_gmt":"2012-10-17T12:36:46","slug":"house-flipping-is-back","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/house-flipping-is-back\/","title":{"rendered":"House Flipping is Back!!"},"content":{"rendered":"

House Flipping is Back!!<\/h2>\n
\"House<\/a>

House Flipping is Back!!<\/p><\/div>\n

Buying up homes, rehabbing them, and reselling them for a profit was big during the housing boom. But when the housing market started to slump, these buyer interested in\u00a0House Flipping<\/strong> and in search of quick profits nearly vanished.<\/p>\n

As the housing market recovers, house flipping may be showing signs of re-emerging, according to The Washington Post.<\/h3>\n

In the first half of 2012,\u00a0House Flipping<\/em> increased 25 percent compared to a year earlier, according to RealtyTrac. The average profit on each property is $29,342, according to the real estate research firm.<\/p>\n

\u201cThere are\u00a0House Flipping<\/span> in many markets, but a market where home prices are appreciating is much more forgiving for flippers than a market where prices are depreciating,\u201d Daren Blomquist, vice president of RealtyTrac, told The Washington Post. \u201cWe have turned that corner in a lot of places in the last six months, so that\u2019s going to attract flippers.\u201d<\/p>\n

Areas that were the hardest hit in the housing crash are seeing some of the largest increases in flipping as investors buy up foreclosures and short sales at large discounts. Phoenix has had the highest number of reported flips, followed by Las Vegas, Los Angeles, Miami, and Atlanta.<\/p>\n

Source: \u201cFlipping Houses Is Once Again a Booming Business<\/a>,\u201d The Washington Post (Oct. 14, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

House Flipping is Back!! Buying up homes, rehabbing them, and reselling them for a profit was big during the housing boom. But when the housing market started to slump, these buyer interested in\u00a0House Flipping and in search of quick profits nearly vanished. As the housing market recovers, house flipping may be showing signs of re-emerging, … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-3783","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nHouse Flipping is Back!! - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"House Flipping is Back!! 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