house flipping
Friday, January 16th, 2009 by AriI thought the word was out already that people shouldn’t bother trying to flip houses given the current economic conditions, and yet, someone appears to be trying to. this house was purchased in November 2008 for $427,000. Now it’s selling for $449,000, and it’s been on the market more than 30 days, which means the owner had it for about a month before deciding to relist it. In related news, the house across the street from it is also for sale, which only drives down the price of both houses. The house flipper can’t be happy about that.
