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Home Flipping Declines As Home Prices Rise October 25th, 2013
It's a good sign of overall market recovery when home-flipping trends are down, as is the case not only in South Florida but also across the U.S., according to this week's Miami Herald article. One factor hampering the home-flipping market is that distressed property inventories are lower due to the real estate market recovery whereby home values have been increasing steadily for the past couple of years, thus making it less affordable and more difficult to buy potential rehab homes...
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