U.S. Home Flipping Increases to 11-Year High

Some thoughts on the article.

At 1%, that's not a huge increase over 2016, so I don't think there's a whole lot of additional interest from new investors.

I definitely feel the competition in the Los Angeles market from retail buyers paying above improved value for fixers due to lack of any inventory.

Interesting to see Memphis 38116 as top flip spot.  Maybe someone will take on Graceland and get the shag carpet off the ceiling.