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Will Trump’s Tax Reform Hurt Or Help The Housing Market?
Manage episode 210557427 series 2361960
Steve begins Real Estate Round-Up by asking Terry Story for an update on home flipping, which was big back in 2004-2005. Homes bought for the purpose of flipping represented about 5.9% of all single-family homes and 5.7% of all condos sold in 2017, so 94% are buying homes to live in them.
A handful of Florida cities—Orlando, Tampa, St. Petersburg, and Miami—ranked at the top of the list on flipper homes, even after a slight decline in flipping in the Miami area.
101 episodes
Manage episode 210557427 series 2361960
Steve begins Real Estate Round-Up by asking Terry Story for an update on home flipping, which was big back in 2004-2005. Homes bought for the purpose of flipping represented about 5.9% of all single-family homes and 5.7% of all condos sold in 2017, so 94% are buying homes to live in them.
A handful of Florida cities—Orlando, Tampa, St. Petersburg, and Miami—ranked at the top of the list on flipper homes, even after a slight decline in flipping in the Miami area.
101 episodes
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