Home Flipping has [Increased]

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Home flipping has increased according to a publish report from RealtyTrac shows 179,778 U.S. single family homes and condos were flipped in 2015. Counter to the national trend, the share of homes flipped in 2015 was above 2005.

The problem with a rise in home flipping is that these sales artificially inflate home prices, making housing even less affordable for buyers and increasing the risk of a bubble.

The market with the sharpest rise in home flipping was Boise, Idaho where levels were 85% higher than in 2015.

This is the BEST time to SELL a home quickly.  Sellers looking for the fastest possible sale in the Spring Season should go for May 1 to 15. That’s according to new research from Zillow which found that homes listed in that 2 week period sell an average 18.5% faster and for a price of around 1% more. The key is waiting until inventory falls later in the season as the housing market is heavily influenced by low inventory. By listing homes further into the shopping season, sellers may attract buyers who are increasingly eager to purchase and maybe willing to pay a premium for the home.

Lee County Florida inventory is low at the present time. Homeowners who have been thinking of selling now is the time. Contact me for a FREE evaluation of your home.

If I can help you or anyone you know needing real estate advice, please don’t hesitate to contact me.

Donna Bishop Realtor  phone; 239-560-3149 or email;  donnabishoprealtor@gmail.com

 

About donnabishoprealtor@gmail.com

Awesome Service: I make dreams come true. I am a Real Estate Consultant. I place great value on the needs, expectations and goals of all my clients whether buying or selling. By helping they find their perfect solution. I will truly listen to you. I have 33+ years experience in all phases of real estate. I am a Loan Modification Specialist, a Short Sale Expert, and a Successful Negotiator. A certified Senior Real Estate Specialist. Former Owner/Broker of A & B Mortgage Brokers of Fl. Plus a former Appraiser. A Professional Realtor. This experience and knowledge gives me the confidence to advise you correctly. I want you to have an Awesome Experience so you will recommend me to all the people you care about. After all, a referral is sending someone you care about to someone you respect.

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