On the Road with ITR Economics

  • by itradmin - Tue, 04/25/2017 - 13:09

I have been asked on a couple of occasions if the 2019 downturn will create home-flipping opportunities in the US housing market. The short answer is no. We do not expect the length or depth of the decline in the US economy and any potential decline in home prices to be severe enough to make entry prices fall to the point of making house-flipping a profitable venture, based only on the market. Individual opportunities will vary, but broad, protracted decline in US median home prices is not part of our expectations for 2019.

Connor Lokar
Economist