Tag: flipping

US home flipping malaise pinches reality TV stars to contractors

By Amina Niasse NEW YORK (Reuters) – While the increase in interest rates engineered by the Federal Reserve over the last two years put a damper on the overall U.S. housing market, it took a sledge hammer to home flippers from small contractors to reality TV stars. Just ask Tarek El Moussa, star of HGTV’s […]

US home flipping malaise pinches reality TV stars to contractors

By Amina Niasse NEW YORK, March 23 (Reuters) – While the increase in interest rates engineered by the Federal Reserve over the last two years put a damper on the overall U.S. housing market, it took a sledge hammer to home flippers from small contractors to reality TV stars. Just ask Tarek El Moussa, star […]

Looks like Tesla was serious with its Cybertruck flipping threats

The long-awaited Tesla Cybertruck racked up quite a significant list of reservations in the years between its announcement and release, pushing the American automaker to come up with harsh consequences for people trying to flip the electric pickup truck for a quick profit. Many assumed the automaker was bluffing, with some on Reddit and other […]