Redfin House Flipping Failure. No Buyers! We Win Twice. Here's Why. Information and ways to benefit from the information via stocks.
Redfin and many others were buying and flipping homes during the appreciation boom. 20% appreciation 2021 and 2020. Wow. They could easily buy and resale at significant profits. When prices don't rise, then flippers are stuck with homes. I discuss this and much more in the video at the bottom of the page or you can go here: https://youtu.be/29PaSYLa7YE
❤️️Redfin Shuts Home Flipping Article: https://www.cnn.com/2022/11/09/homes/redfin-job-cuts-home-flipping-shutdown
❤️️Opendoor $1 BILLION Lost From Home Flipping: https://therealdeal.com/2022/11/03/opendoor-posts-1b-loss-as-market-slowed-faster-than-expected/
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