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The Expected Housing Recovery Faces a Brick Wall

Source: http://www.ino.com/blog/2013/02/the-expected-housing-recovery-faces-a-brick-wall/
Posted on Friday, February 1st, 2013 | In Investing Lessons, Trading Lessons
Contributed by: Trading School (http://ino.com) -

Re-emergent house flippers are set to flop. By Elliott Wave International In 2005, a mania for residential real estate reached such a fever pitch that a series of cable television shows became entirely devoted to house "flipping." Flipping involves buying a worse-for-wear house, making the minimum repairs necessary, then turning right around and selling it [...]

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