Hingham, MA · Member since 2015 · 78 posts · 21 votes
CNBC has been covering house flipping throughout the day. They're saying 8% of all sales lately have been flipped. I couldn't catch everything. They did show the markets realizing the greatest returns on flips and it included mostly east coast markets including New Haven, CT.
I just realized they may have posted an article on their site. And? They did. Here it is:
Rental Property Investor · Providence, RI · Member since 2015 · 1k+ posts · 594 votes
10y
They have been talking more and more about it lately on CNBC. These things are usually 10 year cycles. 08 the last bubble burst. I think we have 2-5 years before we see another correction in some markets, and I certainly don't think it will be a blood bath like in 2008.