Boston real estate flippers have not always been deemed the most positive thing for the Boston real estate market, it seems that the federal government has decided that the Boston real estate market cannot be without them for the moment. Apparently, the anti-flipping rule has been suspended for a second year by the Federal Housing Administration until the end of 2011.

What does this mean It means Boston real estate house flippers can sell Boston real estate, Boston condos, and Boston luxury apartments they purchased and rehabbed to buyers with FHA financing without waiting the standard 3 months. Obviously, under these conditions it makes Boston real estate house flipping more profitable and opens up more foreclosures to the average Boston real estate buyera win-win situation according to the FHA.

Is this the best possible solution It would probably be best to find a long-term solution that makes purchasing foreclosures easier for the average Boston real estate buyer. Part of the issue is that its difficult for Boston real estate buyers to compete against Boston real estate flippers backed by cash and a desire to speed along the process as much as possible. With so many foreclosed Boston real estate properties in need of renovation and with little chance of the average Boston real estate buyer being able to take on the task, Boston real estate flippers may be the best temporary fix for the time being.