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Home Flippers Pulled Out of U.S. Housing Market as Prices Surged

wealthmanagement.com
 2021-06-17

Cover picture for the article(Bloomberg)—Home-flippers watched regular buyers parade through open houses and headed for the sidelines, as scarce inventory and rising prices pushed investors out of the housing market. Flips accounted for 2.7% of U.S. home sales in the first quarter. That was the lowest rate since at least 2000, according to data...

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