House flippers are back in big numbers and driving up home prices
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Housing prices have pretty much done nothing but rise for a long time now. That hasn’t just been good news for sellers, but it’s been good news for house flippers, who are back with a vengeance. Flipping — the high-risk art of buying a house, fixing it up and selling it for a sizeable profit within a year — is at a 10-year high, according to a study out today from ATTOM Data Solutions. Could we be heading into a housing bubble?
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