Honolulu ranks toughest to flip homes in U.S., report says

Honolulu ranks toughest to flip homes in U.S., report says

The TV shows make it look easy, but Honolulu is a tough city for home flippers, who like intended owner-occupants face high housing prices and other associated costs. Honolulu’s median housing prices — the point at which half the sales were for more and half were for less— rose in June from a year earlier, according to a monthly report released Saturday by the Honolulu Board of Realtors. The median price for previously owned single-family homes …