fromFast Company
5 days agoHousing market remains locked in deepest home-flipping pullback since 2007
Home flipping exploded during the Pandemic Housing Boom, as surging home prices and low interest rates lured investors into the fix-and-flip market. But the 2022 interest-rate shock abruptly ended the frenzy and created the biggest home-flipping pullback since the 2007 bust. This home-flipping slump continues to drive out many newcomer flippers and force veteran operators to adjust to slimmer profits.
Real estate