National Cheat Sheet: House flips hit pre-crisis levels, ‘cannabiz’ entices the real estate sector… & more

Report finds house flips returning to pre-financial crisis levels House flipping is still almost as prevalent as it was before the 2008 financial crisis, but it’s not the harbinger of doom it was then, the Wall Street Journal reported. Housing analytics firm CoreLogic found that 10.6 percent of U.S. home sales during the fourth quarter of 2018 were flips, a percentage not far from an 11.3 percent house flip rate in 2006. But house flippers […]

source https://therealdeal.com/2019/04/12/national-cheat-sheet-house-flips-hit-pre-crisis-levels-chinas-largest-developer-mulls-ipo-more/

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