Tag Archives: cnbc

CNBC: Housing flipping: It’s riskier but more lucrative

“Higher home prices are making house flipping harder, but more lucrative. Flipping, which is generally defined as buying and selling a home in the same calendar year, was popular during the housing boom, when investors could get easy mortgage financing. Now investors need cash, and as lower-priced, distressed homes dry up, they need more cash.” […]

Read More

CNBC: Competition rises as home remodeling goes digital

“Your home may be your castle, but that doesn’t mean the turrets can’t be enlarged, the drawbridge painted a more inviting shade, or the moat redirected to improve curb appeal. A slew of new home renovation websites are counting on just that, causing the space to become increasingly competitive, as the already $300 billion remodeling […]

Read More