Home-flipping hits 22-year high, but profits narrow

Home flippers are making more deals than ever. But they are making less money on each one. Nearly 115,000 home flips took place during the first three months of the year, accounting for 9.6 percent of home sales — the highest rate since at least the start of the century, a report by Attom found. In the previous quarter, flips only represented 6.9 percent of home sales. Flips’ market share has now increased for five