It’s back.
Yahoo finance today investigates an outfit run by Than Merrill, a reality show guy who made his bones doing a show on fix and flip real estate.
Yahoo says that today he’s doing seminars charging $34,000 to show you--yes you!-- how to make money doing fix and flip real estate.
As Yahoo notes, Merrill isn’t the only guy out there doing the real estate fix and flip thing since the housing market bottomed out in 2010. Since then a recovery in prices has allowed investors to come back into the market.
But if you were wondering how long it would take for real estate irrational exuberance to start again after the housing crash, we now have and answer: 6 years.
How long it will take for the exuberance to come to an end?
Stay tuned.