Dec 23

Good news folks; one of the foundations of economic prosperity in the 2000s – manufacturing products other countries want house flipping – is making a comeback as trillions of free money is borrowed / printed, and thrown into the system. It's amazing how “resilient” the economy is when you trash future generations with a few trillion of extra liabilities.

via Seeking Alpha.

Dec 12

Now, a different breed of flipper is proliferating: one who seeks bargains at foreclosure auctions. Unlike the boom-time flippers, the latest generation needs cold cash, lots of local-market knowledge and strong nerves.

via WSJ.com.

Dec 10

Jim the Realtor is watching for “flips turning to flops” and this might be one.

via Calculated Risk

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