Fix and flip housing market in the US makes comeback

March 31, 2015

Chinese Central Television

You may have heard the term “Fix and flip.” It refers to the process of buying a home that’s in need of renovation, fixing it up and then selling it for a profit. It was a very common practice in the U.S. until the housing crisis brought it screeching to a halt. Now, fixing and flipping is back but not exactly with the same pace. CCTV’s Hendrik Sybrandy filed this report from Aurora, Colorado, featuring Ron Throupe from the University of Denver.