【World Property Journal】Home Flipping in U.S. Hits 14-Year High in Q1, Pre-Coronavirus
The first-quarter pattern of investors unable to fully keep pace with soaring home prices revealed a soft spot in the nation's nine-year market boom, just as the major impact of the worldwide Coronavirus began damaging the United States economy. While it remains unclear how hard the housing market will get hit by the pandemic fallout, a drop in prices could further erode investor profits and cloud the future of the home-flipping industry.