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by jrochkind1 3086 days ago
>on average, if you sell your home within 90 days, you’ll do it at 15% higher than what you bought it for.

Uh, well, what I think this probably means is that people who _aren't_ going to make money _don't_ sell a property within 90 days. Even if they were buying it as an investment/flip, if they aren't going to be able to sell it for a ~15% profit... they hold on to it longer. Until they can.

Realizing this confusion of correlation with causation makes the rest of the "advice" in the article somewhat suspect too.

It's interesting findings, that there are significant numbers of owners managing to flip a house quickly for profit. But I'm not sure it can be extrapolated into a "what you should do".