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Updated over 5 years ago on . Most recent reply
Price appreciation has stalled, is flipping dead?
I noticed in Utah that house price appreciation stop about last July. I think it's time to stop flipping, it's too dangerous now because margins are slimmer and worse, you might get stuck at a market peak. What do you guys think?
Most Popular Reply
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In a flat market, this is where the true flippers shine and the amateurs get exposed. The appreciation in the market hides flippers mistakes. A declining market depending on the speed and strength would not be healthy for flippers. The last thing you want is to be overexposed and bag holding.