Home flippers are fleeing the market as their profits shrink

A rough combination of higher costs and lower demand is putting a chill on the once-red-hot house flipping market. Following the epic housing crash, flippers poured in, buying up distressed properties at bargain prices, fixing them up and flipping them either to residents or to other investors. That continued for years, but now the math isn't working so well, and some flippers are fleeing.