Real Estate

Housing continues to wobble despite recovery

Here’s one offbeat indicator of a housing revival: RealtyTrac just published a list of the “top 25 markets for flipping homes.” A few years ago, anybody buying a home to resell for a quick profit lost money instead, since home prices declined for six years straight, beginning in 2006. So if flippers are back, that’s at least one sign that buyers think prices will keep going up, writes U.S. News.

However, writes U.S. News, there are still factors still a bit wobbly such as lack of good land, the potential for interest rates to rise, foreign buyers and government aid.

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3d rendering of a row of luxury townhouses along a street

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