Tag: Speculation

The Economic Sign of Housing Flips

This might be sign #367 that the next economic apocalypse is forthcoming, but homes that are bought and sold within a 12-month period are on the rise. Back in 2006, according to Trulia, home flips accounted for 7.3% of sales. Now, they account for 6.1%, the highest level since. More disconcerting is the metro patterns are similar with Las Vegas, Florida and Central California leading the way.  11 of these metro areas hit 17-year highs.


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