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Updated almost 6 years ago on . Most recent reply

User Stats

59
Posts
36
Votes
James Rodgers
  • Real Estate Agent
  • Birmingham, AL
36
Votes |
59
Posts

House flipping at a healthy peak?

James Rodgers
  • Real Estate Agent
  • Birmingham, AL
Posted

This WSJ articles says the amount of houses being flipped is back to the level it was in 2006, but shouldn't come with a great amount of concern. Also, the #1 market for houses flipped in the last quarter was Birmingham, AL and I'm a little bit proud. This is due to the quantity of turnkey flips here, most likely, though we do have a booming retail flip market going as well. 

Thoughts? Is it right to say that we've returned to this percentage of flipped houses being sold, but it is healthy?

https://www.wsj.com/articles/house-flipping-is-back-to-pre-crisis-levels-heres-why-its-less-of-a-concern-11554802201?fbclid=IwAR1EeE6bEow37y4zqT8pc05urZBVg4NfOjURhye3GeOil9Y0MxfFuuBp02I

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