House Flipping Is Back to Pre-Crisis Levels. Here’s Why It’s Less of a Concern
Wall Street Journal, Apr. 9, 2019–Laura Kusisto (subscription)
House flipping is back to nearly the same level it was around the 2006 peak of the housing boom, when it became a symbol of the rampant speculation that soared before the bubble burst. But a new analysis from CoreLogic Inc. suggests most of the current flips are less risky than those more than a decade ago, making today’s flippers less likely to cause market volatility if prices decline in the next few years.
