Frontline Florida Realty Blog

ORLANDO SENTINEL 6/20/2013 - Equity funds fuel flippers' profits in Central Florida

June 20th, 2013 5:33 PM by Alan Martin

Interesting article in today's Orlando Sentinel.

'The Orlando Sentinel reviewed 3,400 residential property sales from 2012 to 2013 and found flippers have been selling properties for more in a market where home prices have gone up about 20 percent in a year.'

In this article there is a map that shows 1,050 properties (in total) where a flipper sold them for 50 percent or more than the original price within six months of purchase!

Let us know your thoughts!

http://www.orlandosentinel.com/news/local/orange/os-flippers-orlando-20130614,0,4892322.story
Posted in:General
Posted by Alan Martin on June 20th, 2013 5:33 PM

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