High-end homes also get flipped
Published August 29th, 2005 in The MarketOh, to have $1.05 million to throw around on real estate. Rabid home investors in overheated markets like Palm Beach, FL aren’t just sticking to condos and townhomes–they’re flipping luxury homes. That home for $1.05 million? It’s back on the market 18 months later for $2.25 million.