A&E Flip This House Tucson Episodes A & E TV Show Flipping This House in Tucson

House Flipping Companies in Tucson

The days of “house flipping” has finally returned, and the Tucson house flip market is considered by the experts one of the best in the nation. The Tucson housing market has reached a level that has captured the attention of the producers of A&E’s “Flip This House” who will be in Tucson recruiting house flippers.

Than Merrill is the show’s founder and star of “Flip This House” on A&E, whom is also co-founder of the real estate investment company Fortune Builders, has been quoted as saying the Tucson’s housing market for flipping houses is one of the markets with what he calls “Potential for a Big Comeback. I believe very strongly in Arizona. People retire to Arizona.”

“The 23% increase in housing prices last year is sizable,” Merrill mentioned as he described the increase in Tucson’s housing market median sale price. “It’s the right time for investors.”

“The presence of investors in the market is beneficial at this point to help the market heal,” said Marshall Vest, of the Eller College of Management Economic and Business Research Center at the University of Arizona. “Too many people took on properties that are unmanageable. Somebody needs to own those assets, improve them and get them ready to market again.” Vest said he does not see a downside to encouraging flippers.

“Many of these investors are going to own the house for a short period of time, and that’s fine. There’s nothing wrong with that. More and more investors have become convinced that prices have really reached bottom and there’s some frenzy,” Vest said. “But prices are still very low, and we have some catching up to do.”

It is important to note that over 35% of Tucson house purchases last year were all cash deals, points out the statical data of the Tucson Association of MLS Listing Service.

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To learn more about Tucson house home foreclosures in Tucson, connect with the top house flipping company of MyOwnArizona today. Our team has over 40 years experience in Tucson house flipping, we were handling house flipping in Tucson way before it was a household word.

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Carl F. Pepper, Realtor
carl@MyOwnArizona.com
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(520) 822-6575