Back in April two similary-specced homes hit the market on my street in what I referred to as “The Battle of the Flippers.” As of last week, both homes have now sold, so let’s check out the results: The Contenders 3609 Wetmore 2 Beds, 1 Bath, 1,106 square feet 4,792 square foot lot Built in…
Tag: rehab
A Front Row Seat to the Battle of the Flippers
Oooh this should get interesting. Two homes on my street with very similar specs, both sold in January and both being flipped, both came on the market yesterday. The Contenders 3609 Wetmore 2 Beds, 1 Bath, 1,106 square feet 4,792 square foot lot Built in 1912 Bought 01/12 for $91,500 Asking $189,000 3417 Wetmore 2…
The Fix-n-Flip: Still Alive & Well
I’ve been noticing a lot more of the cheap homes I had been watching during my active home search coming back on the market lately as rehab flips. Not only that, but they’re selling, sometimes fairly quickly, at double the previous price or more. Check out a couple examples in my neck of the woods:…
Cheapest Home Flip Prediction: I Was Wrong!
In last week’s Cheapest Homes post, I said: I predict that at least one of these will pop back on the market within six to nine months as a rehab flip. Number two seems like an especially good candidate. The home I was referring to as “number two” was 5110 S Medley Ct, a 2,700…
Rehab Flips Making a Comeback During the Housing Bust?
Photo by Flickr user RickerPix found in the Seattle Bubble Flickr pool Way back in the days before everyone thought it would be a great idea to get rich selling progressively more ridiculously expensive homes to each other, “flipping” had a different meaning than most people associate with the word today. Flipping a home wasn’t…