The Tampa Bay area continues to be a hot market for flipping homes, but overall the trend is on the decline.
The Tampa-St. Petersburg-Clearwater metro was No. 5 in the country for the percentage of homes flipped out of total sales and the Sarasota-Bradenton-Venice metro was No. 7, according to data from RealtyTrac, a data housing source based in Irvine, Calif.
The Tampa metro had 8.9 percent, or 985, of homes flipped in the second quarter of 2015, with a year-over-year decline of 6.3 percent.
The… …read more