Someone please tell me that these ridiculous house flippers are going to get caught holding the bag?? Homes in our area (Florida) are still being bought and listed 3 months later for almost double the price… and all they’ve done is polish the turd (fresh coat of paint, new floors, redo kitchen countertops to white quartz). These are all homes that would typically be more affordable starter home range (150-200k) and they try to list them for 300-350k+ … This has to be unsustainable. Am I the only one who thinks this?
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source https://www.reddit.com/r/RealEstate/comments/zy6ay7/ridiculous_market/
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