Monday, July 31, 2006

Flipping Real Estate and how it's not working anymore

Do you know what the Ghost Housing Market is?

Here is the link to a sobering look at what's going on between developers and flippers . . . it used to be a good gamble to buy a house pre-construction and sell it before you had to take occupancy of it . . . that doesn't work anymore and flippers are taking baths on their "investments". Hopefully your not one them.

click here

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