OC Register - "Flipping dropped in 2006 to 2.5% of resold homes" (1-12-07)

"The percentage of homes being flipped slipped in 2006, declining in Orange County to 2.5 percent of all homes resold last year, according to a report by HomeSmartReports.com in San Juan Capistrano. That compares to 3.2 percent in 2005 and 3.9 percent in 2004, HomeSmartReport.com reported."