Flipping Out: Homes That Have Been Fixed Up And Resold In Pleasant Hill

House flipping used to be a somewhat risky move usually done occasionally by experienced real estate professionals.

Not anymore. The practice of buying a house, fixing it up and then reselling it only a few months later is more and more common in today's real estate market.

It's reportedly happening at the quickest pace in decades in parts of California. In Southern California, the online real estate analysis site DataQuick reports house flipping is up 45 percent from the same time a year ago.

The market is prime for flipping, experts say. Housing demand is still high and prices are still rising.

In the Pleasant Hill, we found a home that was sold twice within a three-month period this year.

The three-bedroom, two-bathroom house at 473 Boyd Road was sold in January for $368,000. The listing described it as having "such potential."

In April, the home was resold for $575,000 after a remodeling that included new floors, new windows and new cabinets.

Do you know of other homes that were quickly resold in your neighborhood? Let us know in the comments section.

This information was provided by Rachael Hand, Broker Associate, Coldwell Banker, 925-372-8080 or rachael.hand@cbnorcal.com. Properties featured in this article may be offered by a variety of local real estate firms.