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Newsfeed: ‘Not the time to get greedy’: Home flippers getting burned by the US housing downturn are now slashing prices to cut losses — here are the 2 big reasons why

Newsfeed: ‘Not the time to get greedy’: Home flippers getting burned by the US housing downturn are now slashing prices to cut losses — here are the 2 big reasons why

All Posts, Featured, Newsfeed /

Home flippers who pounced on recent drops in home prices now face some major hurdles — and potentially major losses.

Newsfeed: ‘Not the time to get greedy’: Home flippers getting burned by the US housing downturn are now slashing prices to cut losses — here are the 2 big reasons why Read More »

Newsfeed: Redfin Fires 13% Of Staff, Exits House Flipping As Downturn Accelerates

Newsfeed: Redfin Fires 13% Of Staff, Exits House Flipping As Downturn Accelerates

All Posts, Featured, Newsfeed /

House prices are sliding, and sales are plunging as the Federal Reserve hits the pause button on quantitative easing this year with the most aggressive interest rate hikes in four decades to cool the red-hot housing market spurred by low interest rates and tight inventories during the pandemic.

Newsfeed: Redfin Fires 13% Of Staff, Exits House Flipping As Downturn Accelerates Read More »

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