House flipping rates have hit pre-crisis levels – but it’s a very different market these days

During the housing boom that preceded the 2008 financial crisis, house flipping became a symbol of the runaway speculation that led to the economy’s downfall. Over a decade later, flips makes up nearly as large a share of home sales as they did back in 2006, according to housing analytics firm CoreLogic. But the market has changed in ways that make this less of a concern than in the past, the Wall Street Journal reported. […]

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