No we are seeing more flips because there is a TON of money on the sidelines and the opportunity is staggering while the alternatives are few. You can get 1% in a CD, or you can invest in an already overvalued and overbought equities market. Conversely the re market is so thoroughly manipulated and short on inventory that you can take advantage of it if you have the resources and risk tolerance. Even with that there is spec bubble going on that is making flipping dangerous. I think there is a little bit of opportunity left but not much. It will rollover this year I think unless the govt continues to roil the market.
Once interest rates rise and the market craters most of the flippers will be long gone simply because there will be alternate places to park money for a decent return.
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