Could the Speculators be Running Away From Real Property
November 14th, 2005 • Related • Filed Under
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Speculators, or as they are more commonly know as now Flippers, may signify the top of the real estate market. In areas especially where there are large condo developments, the flippers would pre-purchase the properties on the expectation that the condos and homes would appreciate when the buildings were complete.
TheBubbleMeter has a good post on this today.
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