Thoughts on business, entrepreneurship, and life from a Silicon Valley entrepreneur and writer.
Thursday, April 21, 2005
Bubble, Bubble, Toil and Trouble
Want another sign that we're in a housing bubble? The proportion of homes being flipped (sold within 6 months of being bought) is at an all-time high. Said one real estate agent and flipper, "Two years ago we had plenty of fixer-uppers. I'm looking for fixer-uppers myself, and I can't find a . . . thing right now."