Quote:
Originally posted by sebastian_dangerfield
Really? The flippers were that much of the market?
|
In a lot of places, yes. There are several new condo buildings in Chicago where, a few months after the initial closings, about 30% of the units are listed for re-sale. Parts of Florida and Las Vegas are likely worse. No doubt, the foreclosures in Michigan ad Ohio aren't being driven by flippers.
