House flipping rates have hit pre-crisis levels – but it’s a very different market these days

During the housing boom that preceded the 2008 financial crisis, house flipping became symbol of the runaway speculation that led to the economy’s downfall. Over a decade later, flips makes up nearly as large a share of home sales as they did back in 2006, according to housing analytics firm CoreLogic. But the market has changed in ways that make this less of a concern than in the past, the Wall Street Journal reported. “Flippers […]

source https://therealdeal.com/2019/04/09/house-flipping-rates-have-hit-pre-crisis-levels-but-its-a-very-different-market-these-days/