April 19, 2024 1:24 am
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Tucson in 10 best cities for flipping houses

A new home being built in the Catalina foothills near Tucson, Ariz. Arizona's housing market was decimated when the housing bubble burst. Since then, prices have been increasing dramatically across the state. :Alfredo Sosa, file
A new home being built in the Catalina foothills near Tucson, Ariz. Arizona’s housing market was decimated when the housing bubble burst. Since then, prices have been increasing dramatically across the state. :Alfredo Sosa, file

By Schuyler Velasco | Christian Science Monitor

The housing market is poised to once again become fertile ground for flippers in 2013. House prices are rising, inventory is tight, and a wide availability of distressed homes in some cities make prime targets for seasoned investors with cash on hand. Foreclosure listings site RealtyTrac has compiled a list of the best metros for flippers, based on gross profit percentage on single-family homes in 2012. These are the Top 10. Can you guess which city is No. 1?

A new home being built in the Catalina foothills near Tucson, Ariz. Arizona’s housing market was decimated when the housing bubble burst. Since then, prices have been increasing dramatically across the state. /Alfredo Sosa, file

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.