“Canary in the coal mine”: Home flipping falls nationwide to 3-year low: report

Home flipping in the U.S. is down to its lowest levels in more than three years, the latest sign that the housing market is experiencing a slowdown. Investors flipped 45,901 single-family homes and condos in the third quarter, down 12 percent from a year ago, according to a report published Thursday by Attom Data Solutions. It was the lowest number since the first quarter of 2015. “Home flipping acts as a canary in the coal […]

Source: Real Estate

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