Home Flipping on the Up in the US

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Nationally, there has been little change in house flipping in the past year, but flipping is making a comeback in several Florida markets. House flipping is a practice that some believe is an indicator of an over-heated housing market. In the United States alone it made up a stable of all home sales during the past year, mirroring a steady increase in home prices.

The good news: that flip rate is roughly in line with the non-housing bubble years and well below the 8.6% flip rate of all home sales in 2006. House Flipping is making a comeback in places such as Las Vegas and Miami, which saw high levels of flipping activity during the previous boom.

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