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Big payoff for high-end home 'flippers'

Fri 18 Oct 13 | 10:56 AM ET
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Big payoff for high-end home 'flippers'

Fri 18 Oct 13 | 10:56 AM ET
As home prices are rising, a new breed of "flippers" are honing in on high-end neighborhoods. CNBC's Diana Olick shares American Coastal Properties will buy, remodel and flip between 30-50 high-end homes this year in sought-after locations.
 
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