Mind The Warning Signs: Q4 House-Flipping Rate Highest Since 2002

Home flipping activity has increased steadily over the last eight years. By the fourth quarter of 2018, the flipping rate in the U.S. reached 10.6 percent of all home sales...... Accounting for this seasonality, the flipping rate in the fourth quarter of 2018 was the highest rate for a fourth quarter since we started tracking home flipping back in 2002.

 

 

 

 

 

http://econintersect.com/pages/contributors/contributor.php?post=201904280607

 

 

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.