``potential home buyers revolted against these prices. And flippers were forced to sell low, that is they could only sell at a 10% premium. And the average ROI dropped into the negative, to -9%. Red ink also washed over the Las Vegas/Paradise metro area, a former can't-lose-money-here flipper's casino, where flipping in Q2 dropped to 8% of total sales, and the average ROI was -4%.''

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