Archive for September, 2014

No More Flipping

Saturday, September 27th, 2014

Home flipping, in which a buyer resells a property quickly for a profit, is on the decline as U.S. residential price gains slow and foreclosures dwindle. Almost 31,000 single-family houses were flipped in the second quarter, representing 4.6 percent of U.S. home sales, RealtyTrac said in a report Friday. That’s down from 6.2 percent a […]