House flipping hits 9-year high

House flipping hits 9-year high

Flipping hits an all-time high?

I think we are in the beginning stages of a market correction. We have never seen vacant properties sell for prices we are seeing right now.

An uptick in home flipping activity could indicate that conditions in the housing market are worsening.

Source: Home flipping rate hits 9-year high — and that could foretell troubles in the housing market – MarketWatch

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