Tarek El Moussa and Heather Rae El Moussa at an event
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Tarek And Heather El-Moussa Stopped Buying Houses To Flip. Here's Why
In Episode 7 of their HGTV show, “The Flipping El Moussas,” celebrity couple Tarek and Heather Rae El Moussa revealed they had halted their house-flipping activities.
The renowned home flippers admitted that, like many others in the real estate market, they were facing challenges due to slow sales and high mortgage rates.
The episode, which aired on April 20, 2023, recounted events from early 2022, when the couple bought 91 homes in anticipation of the market continuing its upward trajectory.
However, a shift in market conditions compelled the El Moussas to cease buying more homes. They then refocused their efforts on selling the properties they already owned.