The best and worst markets for house flippers

The best and worst markets for house flippers

Flippers nationwide bought at average 8% below and sold at 6% above

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Despite Florida foreclosure crisis, Miami sees continual decline

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The foreclosure rate – the percentage of mortgages in some stage of foreclosure – fell to 14.59% in Greater Miami in November 2012, down 3.13% from a year earlier, continuing a long downward trend, CoreLogic said.

Source: Miami Herald
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