It's rare these days but there are some guys still flipping. Granted most of them know what they are doing and can still make a buck buying the right home at the right price. Here's the opposite type of flipper.
8223 Sunset Rose, is in my favorite whipping post, The Retreat. This home went back to the lender in August 08 for $568k. It sold in Dec for $618k (too high in my opinion but obviously I don't know squat). So it lists today as a "rare regular sale" for $799k! Huh, this fliptard thinks he's going to make $180k in 4 months in today's market.....
There's not a lot for sale right now in there. They seem to have worked through a lot of the old inventory. But they worked through it because the prices came down. Houses this size have been listing for mid $500s not $800k. There are 3 slightly smaller homes listed one is $470k, one is $552k and the highest is $549k (and it has a bitchin pool). Lets all give a hand to the fliptard of the month!