Home Flippers in Florida about to cause a big CRASH (-64% Declines Coming)?

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The home flipper on this house in Cape Coral, Florida has more than tripled the price of this house in 2023.

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Buying it for around $112k and now listing it for $365k. A sign of another Housing Bubble in Florida that could be destined to crash.

For instance, in this ZIP Code in Cape Coral, home prices crashed by 64% in the last housing downturn in the late 2000s, largely due to speculative home flipper and investor activity.

Could home prices crash by that much again in Florida? We shall see.

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