Flipping Out: Homes That Have Been Fixed Up And Resold In Union City

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 Union City, we found a home that was sold twice within a three-month period last year.

The four-bedroom, 3.5-bathroom house at 4291 Hanford St. was sold in July 2012 for $448,000.

In October, the house was resold for $589,000 after an upgrade that included new carpets, new paint inside and outside, a new kitchen and new bathrooms.

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.