Tuesday, December 21, 2021

Time To Flip?



Interest Rates Are Super Low – Is Now the Perfect Time to ‘Flip’ a House?


With interest rates at an all-time low and houses flying off the market at record rates, is it a good time to get into real estate investing? A fix-and-flip property can be a good foray for first-time investors who don’t want to deal with property management or being a landlord.

 While real estate investing (or REI) may be less risky than, say, day-trading meme stocks, it could be a challenging time for first-time investors to enter the market. 

I feel that this is actually a very risky time for a first-time real estate investor to flip. Flips are selling for more now, but substantially fewer homes are being flipped because the market is so tight and bargains are extremely difficult to find.

In my opinion, it’s an incredibly dangerous time for home flippers. The market is crazy hot, and the opportunities to buy homes at a price that makes financial sense are limited.


        

 

Regardless of price point, our team is united in their efforts to support the client, support each other, and get the job done in the best way possible. Paula Higman Real Estate is a unique team of talented and diverse individuals with a passion for success and client satisfaction.

Contact Paula Higman Real Estate today and let us take this journey with you to marketing and selling your home for the best value, to the biggest luxury real estate market out there.

 

Ensure that you have the best representation when buying and/or selling Contact Paula Higman Real Estate Park City at 435-602-8228 



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