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© Jake Tasharski | Chicago | Illinois

JAKE TASHARSKI IS A REAL ESTATE AGENT AFFILIATED WITH COMPASS, A LICENSED REAL ESTATE BROKER WITH A PRINCIPAL OFFICE IN CHICAGO, IL, AND ABIDES BY ALL APPLICABLE EQUAL HOUSING OPPORTUNITY LAWS. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. INFORMATION IS COMPILED FROM SOURCES DEEMED RELIABLE BUT IS SUBJECT TO ERRORS, OMISSIONS, CHANGES IN PRICE, CONDITION, SALE, OR WITHDRAWAL WITHOUT NOTICE. NO STATEMENT IS MADE AS TO ACCURACY OF ANY DESCRIPTION. ALL MEASUREMENTS AND SQUARE FOOTAGES ARE APPROXIMATE. THIS IS NOT INTENDED TO SOLICIT PROPERTY ALREADY LISTED. NOTHING HEREIN SHALL BE CONSTRUED AS LEGAL, ACCOUNTING OR OTHER PROFESSIONAL ADVICE OUTSIDE THE REALM OF REAL ESTATE BROKERAGE.

Flipping is coming back, and fast!

February 3, 2014

House flipping has always been a risky business. It takes patience, perserverance, market knowledge and sometimes just plain luck. That however has not stopped investors from flipping over 5,000 homes in 2013. To put that into perspective that's 40% more homes that were flipped in 2012 and 309% more than in 2011. 

 

Prices are still attractive enough for hungry investors and with gross profits on the rise (average of $60,000 in Illinois), I don't think they will be stopping anytime soon.

 

Read more at: http://chicagoagentmagazine.com/house-flipping-hot-illinois-signs-housing-recovery/

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