by Calculated Risk on 11/27/2009 09:13:00 PM

A flipper bought this one in September for $330,000, and has reduced the asking price to $379,000. Still no takers.

Jim the Realtor is watching for "flips turning to flops" and this might be one. For more - and a couple of interviews with Adam (a flipper who had made money) - see Jim's site.