flippers are back, and buying.or "nightly business report," i'm diana olick in washington. >>> let's turn now to michelle meier for more discussion about the u.s. housing market in broad context. and then flipping in particular. she's an economist with bank of america, merrill lynch. welcome. good to have you with us, michelle. >> good to be here. >> what do you think of this flipping phenomenon? are you seeing it? how worrisome is it? what? >> well, i think it is a sign that home prices have recovered, and that housing has become an asset class again. so you have seen greater investor participation, and you have seen expectations start to shift around how people perceive housing. but my impression, even though it's at the highest in a decade, think about what the last decade has looked like. it was really recovering from a huge bubble. so the fact that it's the highest since 2007 makes sense, because we had a period of extreme weakness in the housing market. so by itself, i don't think the numbers are that worriso

active flippers are now at the highest level since 2007. close to 180,000 single family homes and condos were flipped in 2015, according to realtytrak, that is bought and sold in the same year. flips made up 5.5% of all sales last year, the first increase in four years. >> i think it's incredibly saturated, honestly. there have been a lot of people who have been getting into this business because they have seen it as a safe place to put their money. >> reporter: and the profits are growing as well. homes flipped in 2015 yielded an average gross profit of $55,000 nationwide, the highest since 2005. investors are seeing top returns in pittsburgh, new orleans, philadelphia, cincinnati and new haven, connecticut. nationally returns are close to 46%, up from 35% in 2005 when flipping was at its peak. house flipping today is nothing like it was during the last housing boom when flippers were putting no money down and using easy credit. today even with investor loans they have to have some skin in the game. that said, flipping can artificially inf

why tampa is one of the hottest markets in the entire country for flippers. >> we're going to save all of this. >> reporter: he's been flipping houses since 2010. buying cheap and reselling for a profit. in just three to four months, he turns this into this. finishes, colors, and amenities. when he started, it was just one house a year. >> now, we're hoping to be up to six a year. >> reporter: tampa is now the the country. nearly twice the national average. >> they're actually in there right now doing renovations. >> reporter: tampa has been slower to rebound and has lots of older homes that need updating. he sold this house to flippers who closed on it this week. >> if it has all the new features, folks want that. we'll put in new cabinets and new flooring. >> reporter: it's not as simple as slapping on a new coat of paint. they need to find contractors who can fix the property quickly at reasonable prices. they're rotating out of rentals looking for convenience. one more reason the flipping market may be so hot here is so many foreclosures, at least as long as those properties are st

and the increase in house prices as affecting more house flippers. a flip is defined as a home that is sold within 12 months and that made up 5.5% of all home sales last year. slipped -- flip home sales up across the country, but it is attracting more flippers. andrea: boeing is looking to make germany airplane bathrooms a thing of the past. they are working on laboratories that would be illuminated with uv lights after each use, killing 99% of germs. the toilet seats would even raise automatically to expose it to light. the technology is still in the testing phase. no word on when it would hit the skies. anna: you are going to show us the germs. a troubleshooter consumer alert involving housing assistance that will cost you hundreds. andrea: diane wilson with a warning just ahead. plus, a new resident at the north carolina zoo. anna: right now at papa john's, get one of our best deals ever.... you can get any large pizza with up to five toppings pile on your favorites with up to five toppings for just $9.99 better ingredients. better pizza. anna: no

active flippers now at the highest level in nine years.ls ahead on cnbc. >>> first up, though, the market a little bit softer even though we got some decent action in asia overnight. retarms remained a story. of course, claims were a little elevated. whether or not it means something for the jobs number tomorrow. >> the claims number went in the other direction. economists say not at the level that's worrisome. oil is down. that could be a big reason why. we wonder whether it affected it. yesterday we saw a big rise. potentially pressure in energy. we're watching energy stocks and financials which has been leading in the rebound. >> chesapeake is up 12%. >> yes. >> why would that be? >> it's not due to aubrey mcclendon's death. he's been aa way from the company for a while. it's more trying to continue to make a path forward despite debt, a great deal of debt. but it's up dramatically from its lows. it's morer natural gas. that's why the stop has been moving up. >> a lot of them are higher. >> gold is higher, interestingly, though the doll

we found a dip, but we figured the turtle must have got her flippers caught in some roots -- so she justack to the sea. reporter: every morning at around 5:00, virendra and his colleague samir mahadik check the beach for turtle tracks and nests. they work for an animal protection program headed by mohan upadhya. if they find turtle eggs, they bring them to this protected incubation area. they re-bury the eggs in the sand, and place a basket over the eggs to keep them warm. the incubation period is about 50 days. >> every day, we look for dug-out patches in the sand. if there's any movement, you can see it in the sand. that can mean that the eggs have hatched, and the baby turtles are trying to crawl to the surface. when we find them, we take them to the sea. reporter: only a few of the baby turtles will sururvive. one reason for t that is water pollution. just one turtle in 1,000 will reach the age at which turtles can start breeding, 20 years. >> the turtles that we see around here are e the olive ridy species. they're about this big, and weigh about 50 kilos. they're the smallest of th

visitors shouldn't expect them to put on a show, like flipper.hey live on crustaceans, but are happy to get a morsel of fish as our guide shows us. and fortunately for their fans, the aquatic mammals have to surface regularly to breathe. >> it's incredible. there aren't many places where you can see animals like these. they're really near the boat. they're hard to photograph because they move so fast. it's a bit of a game for them. but it's a great opportunity to see them up close. >> quite a way downriver, on cambodia's border to laos, there's a second conservation area. there are said to be four irrawaddy dolphins here. river guards regularly patrol the area. the worldwide fund for nature supplies them with fuel and a gps device. the guards are delegated by the surrounding villages and fishing community. their job is to enforce the protection of the dolphins, especially against the illegal methods employed by some fishermen. >> we're right on the border. those bottles indicate a gillnet. unfortunately on the laotian side, so we can't seize it.

and in syria, bashar al-assad said the cease-fire is a flipper of home. they are delivering food, medicine and other vital supplies to refugees. >> right now we are going to move on with some business matters with marcus coulson. >> hi there. >> shiny cars to start off the european car show in geneva. >> absolutely. we are going to start off over in switzerland, where the geneva car show has opened its doors. it has opened its doors, and car makers are feeling optimistic in their outlook of the year ahead. car sales grew by 9% last year and look to grow again this year. french sales grew by 13% in february on the same month last year. william has more on what is driving this development and the european car market. >> it sounds like makaziwe awe erat, but it we is not a razzano -- it highlights the importance of the s.u.v. as europe's car market rebounds. everyone who is anyone is rolling one out. every one will have crossovers and s.u.v.s. it is a section that continue toss grow. by 2020 car makers tell me it will account for at least a quarter of the ca

experts say the seals calm demeanor can change if you get too close will look much more waving their flippers at you and they have teeth or some other dogs but they are keen not only is it dangerous but being wild seals is also illegal. experts say you also shouldn't fish near seals. if you spot a seal call the stranding response team right away. now here are some interesting facts about seals from national geographic their eighteen known species of true seals meaning their lists seals mother seals and pups find each other using a familiar call and certain species of seals can hold their breath for one hour more to a warning about a rabid skunk the animal was found in james city county and richmond road just west of anderson's corner. if you have come in contact with this cult called the health department right away. this is the second rabid animal on the peninsula this week on tuesday the peninsula health district found a rabid moved out hours ago a rain snow actually now starting to see the clouds break up. nice shot here are some beautiful sun raises the sun gets ready to set here coming u

and as far as the radar goes it is quite here but look up stream and the next flipper is not quietly far away. you can clearly see it's going to drag a line of rain and snow showers through here during the day on saturday. days of warm and dry conditions. partly cloudy a crisp and quiet night. very light winds. and then tomorrow we wake up to a few snow showers. as we mentioned a mild that will start on sunday. we'll have details coming up. >> one-on-one with governor john kasich. >> he talks about his strategy new information emerging tonight about a knife found on land where o.j. simpson used to live. lou maglio is on the story. what are we learning about this knife? obviously there's plenty of curiosity but sources are saying the knife appears to be inconsistent with the murders of simpson's wife and her friend rick simpson of course was cannot be retried. a construction worker found the knife on the property and give it to a root tired police officer who is working off duty nearby. the attorney says there was no blood on the knife. sources indicate it was a small knife often used

$50,000 in debt, living on food stamps, and in a garage, and now he's one of the wealthiest house flippers in america. let's hear what he has to say. >> imagine that i used to call this home. it looked a little bit different, but it wasn't a converted garage. this was literally, move over the lawn mower, move over the weed eater. we put a rug out right here. we put a bed. the tv was right over here, and we put the clothes down. made a little closet in the corner. this right here is when and where i decided to change my life. some of you watching this tv commercial right now need a change. whether you are poor the way i was so poor, or whether you're make ends meet, or if you're a little bit wealthier and go, "you know what, i need to go to that next level," real estate can help you get there. if you know how to go out there and do it in a methodical, step-by-step manner, then my system can go and show you how to do this. >> we've been using armando's techniques to buy and sell properties, and through everything we learned through armando, our first two properties have netted us $53,000 in

. >> do you have the matching flippers? >> i was rather comfy. >> i'm looking forward to that. >> freeze speech.. free speech. free speech. >>'s supporters and protesters clashing outside the eye of senderrtid this weekend just one day after the candidate was forced to jte postpone chicago after >> matt wright tells us the confrontations with protesters remained p largely peaceful. >> no homemade signs. >> trump trump trump. >> trumpp go home, trump go home, trump go home. >> and they came amid rising tensions.nsio >> he is going to say what is onis his mind. >> once ben carson endorsed him i was on board for sure. >> you cannot come to this country just to dump your because for me it took nearly three years to get my legal immigration.n. >> police are on alert as a vocal group of protesters gathered outside the i eye ex- center. >> if you will do that during campaign time, it will be chaos in wi august when you have two bring so many people. >> inside trump due did his usual talking points on immigration and trade. >> we a

you want to be the flipper? >> i want to be the flipper. >> go for it. >> and you say always use the fish fish spatula is -- >> easy to say. >> yes. just loosen the edges and go for the flip there. it's a great tool for baking for >> i don't think it's ready. i'm waiting for the bubbles, right? >> you've got to let it happen. all right, so, then you're going to do your >> is that on? >> yes, it is. give it a flip, girl. yeah! >> i have earned my cake. >> she stuck the landing! okay, so, now we're going to assemble.st filling here, which is mascarpone cheese. a little maple syrup, a little vanilla extract. >> i syrup at all, for all that's in there. >> now, this is interesting, the darker you use, the more you're going to taste it. but that's the thing,hese sweeteners just like you would use white sugar, and sometimes they're more flavorful than others. >> why is it?or your body, as opposed to using the refined white sugar to use a maple syrup or maybe agave nectar to sweeten things? >> yes.ll moving towards a le

>> behind -- around the flipper.out and explodes there. >> into the grenade. >> yes. >> how long does it take for them to die? >> stone dade when the grenade explodes in the belly up, you know. you can hit badly and have to shoot again. >> he admitted to me sometimes the explosion, the dynamite doesn't go off and then you have a situation that can be a horribly long death struggle for the whale if the harpoon is only stuck in the animal. then they bring out big shotguns -- >> shotguns? >> yes, that's what they do and shoot it several times. >> ten minutes, six minutes, five minutes or something. compared to the united states of america when you are executing people, takes 1. -- one hour and 20 minutes with injection. >> as man uses a modified backhoe to help drag the whale into the processing area, here we dawn boots and hair nets and take a closer look and be warned, this is where things start to get graphic. with brutal efficiency, knives shaped like hockey sticks take the animal apart. bits of the tongue might end

change if you get too close will look much more alert and they might sound which are waving their flippers at yet and they have teeth or summer dogs on were spotted on land in virginia beach. this picture was taken around a short drive to harbor seals and a harp seal of holding out on land along the coast to coast he says it's not unusual for seals to come ashore. however if one is spotted he says stay back at least fifty yards not feet in to call to weaken the evaluating see if their behavior is what we would consider abnormal look at their body condition to the look of fat and healthy they look skinny. he says the seals spotted thursday went back into the water officials at the aquarium understand it's exciting to to ensure that excitement doesn't go too far at the beach learning more about seals are interacting with little more something that interests you you can see and there are some opportunities to do that at the aquarium with trained professionals in virginia beach police crown routines as well attorney for the city of norfolk treasure has filed a motion which says prosecutors ent

the number of active home flippers last year was the highest in nearly a decade and it's only growing. big numbers on this big but risky business. close to 180,000 single family homes and condos were flipped in 2015, a flip is defined as a home bought and sold within the same 12 months. now flips made up 5.5% of all sales and first increase in the flip share after four years of shrinking. flipping increased in 75% of u.s. markets and profits are growing as well. homes flipped in 2015 yielded an average gross profit of $55,000 nationwide. the highest for flips nationally since 2005. the return on investment close to 46%, up from 44% in 2014 and up from 35% in 2005. why do we compare to 2005? that was when flipping was rampant thanks to super ceasy credit and the peak number of flippers and over 8% of all sales were flips. where do you get the best returns on your flips? pittsburgh, new orleans, philly, cincinnati and new haven, connecticut. the biggest dollar returns are in california and new york but you're putting big dollars up front on those for the flip. here's a warning though. f

p>> and a flipping over flipper. pthere's no holding this pup pback. pcrazy. pcrazy.

. >> a flipper on the zipper. >> it's not a flip on the zip. no, that can't happen. no. i'm an adult. i have plans. >> do you really? >> i have a vacation i'm going on, i want to to really work out. >> you want to enjoy things. marjorie is coming back. >> willie, you have nothing? just smile. >> i thought we would have a good time but there was a mascot -- >> al roker, don't you have something to show us? >> excuse me? >> oh, my gosh. >> in the weather world. >> well, we are looking at some severe weather coming in, we have this slow moving low pressure system, it's not going anywhere. high pressure is dominating. it's a ridge of high pressure so this low can't move anywhere and so that means we're going to have recurring storms pushing on through and so look for the heavy thunderstorms from san antonio to dallas up to wichita amy: good morning, central florida, happy monday. i am amy sweezey. we will see lots of sunshine today with just a couple clouds as we make it into the upper 70' s. as we had thro >>> and that is your latest weather. >> thank you, al. steve, for a

>> you aim behind -- around the flipper.domen and explodes there. >> the grenade. >> yes. >> how long does it take for them to die? >> they are stone dead when the grenade explodes inside the -- they're just kind of belly up, you know. of course you can hit badly, you know, and then you have to shoot them again. >> loftsson has admitted it to me, that sometimes the explosion, the dynamite doesn't go off. and then you have a situation that can be a horrible -- horribly long death struggle for the whale. if the harpoon is only stuck in the animal. then they bring out big shotguns -- >> shotguns? >> yes. that's what they do. and they shoot it several times. >> i think it was ten minutes, one. six minutes and five minutes or something. compared to the united states of america when you are executing people it takes up to 1 point -- one hour and 20 minutes with injection. >> his men use a modified backhoe to help drag the whale into the processing area. here we don boots and hairnets and take a closer look. and be warned. this is

p>> and a flipping over flipper. pthere's no holding this pup pback. pcrazy. pcrazy. pcoast of florida. pfrom tampa bay's number one news pstation, this is good day tampa pbay. p>>> when hey everybody iths p8 o'clock i'm russell rhodes. pi'm laura moody. pgood morning we thank you for pwaking up with us on this ptuesday morning march 8th. pwe will head straight over to pdave look forecast. p64-degree start here 8 o'clock. pthat's nice. pwhere we were at 9 o'clock pyesterday. pso obviously warming things up. pmore of an easterly component to pour wind at 5 miles per hour. pcomfy in lakeland they're the a p63. pbradenton 62. pvenice 61. pmid 60s in clearwater. plook at that warmth for today. pgoing to go right back up to the p80-degree mark with mixture of pclouds and sunshine. pcourtney p>> dave very nice. pwe're sloeing things doin along pbruce b. downs. pauthorities working an accident pthat has two southbound lanes palong bruce b. downs reportedly pblocked. pbefore fletcher and traffic palong those southbound lanes of pbruce b. downs backed up to ptampa palm

pthe number of home flippers rose pto levels not seen since 2007. pthis is not necessarily an pindication that the housing pmarket is recovering. pit could potentially be bad. pone chief economist said that pflipped homes can make housing pand increasing the risk of a pbubble. pguys? p>> why i'm insecure, why i'm phumiliated, why i'm embarrassed, pwhy i'm obsessive about checking pthe internet. p>>laura: it has been an pemotional week for tampa native perin andrews. pshe had to testify at her civil ptrial regarding video on the pinternet that showed her nude pinside a hotel room. pshe's suing the national pmarriott for some events that pled up to that. pandrews never knew that a pstalker was in the next room pgetting video after altering the eep hole in her room. pthe attorney is here to talk pabout the case. pgood morning to you. p>> good morning. phow are you doing? p>>laura: i'm doing fine. pwhat does erin andrews' attorney phave to prove to win this case? p>> it's an interesting question. perin is bringing a couple of pdifferent counts, a couple

demeanor can change if you get too close will look much more alert and a mind which are waving their flippers at yet and they have teeth or summer dogs on thursday alone three seals were spotted on land in was taken around a short drive to harbor seals and a harp seal of holding out on land along the coast here christie says it's not unusual for seals to come ashore. however if one is spotted he says stay back at least fifty yards not feet in to call the stranding response teams to weaken the evaluating see if their behavior is what we would consider abnormal look at their body condition to the look of fat and healthy they look skinny. he says the seals spotted thursday went back into the water officials at the aquarium understand it's exciting to see a seal but say they want to ensure that excitement doesn't go too far at the beach learning more about seals are interacting with them a little more something that interests you would use you can see have some school friends here and there are some opportunities to do that at the aquarium with trained professionals in virginia beach police crown

. >> reporter: only did he get to slash all round with his flipper friend. >> i can help animals. >>eporter: >> pam: the warriors in utah taking on the jazz. right now. >> pam: and, held the lakers are getting a cold shoulder by attempting to rid coming up! (male announcer): it's now time for gary radnich with sports!. >> grant:and here is how the dubs stand right now in that chase for a record 73 wins. they are currently a game ahead of the '95-96 bulls 72-win pace. if the warriors beat the jazz they would be two games ahead of that pace and only five wins from breaking the record. >> grant:the lakers soap opera of a season got worse today. >> grant:. that is reportedly a video recorded by lakers guard d'angelo russell. talking to teammtae nick young. aka "swaggy p.". about women he has been with while enganged to pop star/rapper iggy azalea. it is not known wheather young knew he was being recorded or how the video was released. but once it became public reports have russell be ostracized by the team. to the point he is eating by himself. one team insider said it was a "prank gone

you want to be the flipper? >> and you say always use a fish spatula. >> so just loosen the edges and go for the flip there. it's a great tool for baking really dell kate things like this. >> i didn't think it was that easy. so then you're going to do your pancakes. there you go. yeah. she stuck the landing. >> i've got to earn my cake. >> so now we are going to assemble. we've got our first filling here. a little maple sir rip, a little vanilla ex- tract. >> i don't taste the maple syrup for all of that that's in there. >> you can use these just like you would white sugar and sometimes they're more flavorable than others. >> is it better for your body as opposed to using refined sugar than the refined sugar? >> i think it's just kind of nice to have an alternative, sometimes. you know what i mean? it's not a book of health food as much as it is about using all these great alternative sweetens. so you alternate your filling, thing and i love the way this looks. >> i would imagine that it tastes even better. >> y

ur mines one , two on the her.you wanhe flipper? >> i want to behe \pe >> go for it. >> a a a say aays use the ( fish spatuta.a. >> the fish spatula is -- >> easy to say. yes. l lnn the edges and go for the flip there. 's a greatat tool for bakingor really dicate thtngs le this, okay? i don't think it'sdy. m waiting foe bbles, right?t? >> you've gotoett l rit,so, theheou'r going tooooucakes- >> i on? yes,t . >> s stuck inok, owe're#ingo le. we he o first fre asasrp ee. aitelelelellele ru aittleva exac>>on tas theap syrup l, fll tn er >> now,hiis intereing,hedarkerou use, toreou're going t taste it but tt's the thing, youan tse sweetenerst likeyou wo ute suga timesy' mor fvo th ot. >>hyit? bte for yr oppodong t ne eugseseap syr be agectar too swethin? ye i ink we'llvowarorosseday ofea hetlid ho ano y do a itic thaveltlttive memes,ou kno wt i mean? >> yes. >> it'sot about heaood@ or healthoooo dsertss much as it is about using gre alalativswtersrs they evywhere. use yourillingsg and stack up and then yououave thiovely thing. i le the

to did a perimeter pack wave, asked him to basically go all the way around the pool, and wave his flippermissed that cue. and he went all the way around the pool on this perimeter pack wave. >> we're going to let her keep on warving. >> my interpretation, he didn't hear the whistle. >> didn't hear the bridge, went and did a perfect behavior and what he got, a three-second response, no, you didn't do the correct thing. you're not going to get reward and we're going it move on and you can also see through the video dawn is running ouch foolout of food. >> the animals sense when you're getting to the bottom of the bucket of fish because they can hear the ice swishing around in the soupy bottom and the handful of the fish delivered by the trainer are all getting smaller. so they know they're coming to the end of session. >> when you see the difference between the beginning of the video and the end of the video, you can see he's not just quite on his game anymore. >> there's no food left. she kept asking for more and more behaviors. he wasn't getting reinforced for the behaviors she was gettin

that is roughly twice with burger flippers want. me to believe that i am only worth twice now in the eyes of many agencies around the globe and the united states of what somebody flipping hamburger patties wants. again, there are many problems that are affecting us. our trade deals are terrible. trump is correct when trump says we have people who make very, very bad trade deals like nafta, tpt, all these other deals, it is true. it is not that they are stupid people making the trade deals, it is that the lobbyist and the corporations are the ones behind the trade deals and they make them one-sided, in their favor, and -- c, somebody in vietnam is doing great right now. if you are in vietnam, you have senior wage go from 50 cents a day to maybe five dollars a day, but for me, and other people around the united states, we see our jobs depleted, taken away. about thened earlier unemployment rate being 4.9%, yet, there are 94 million american adults who are not working, who are not -- do not have full-time jobs. that we haveality just l

that can't happenen >> a flipper onhe zipper. ( >> it's notot fpnhezip.p.nohaanpp. m aad i ve ans. do you real? >> i he a vacion i'moing on, i want to to really work t. you w to enj things. marjrj isoming ck >> willie you have nothing? jusm i tught weoue a a good time but there was a mascot -- >> all roker, don't you have somethinggo show us? xc me? , m sh. in e weath world. well, we are lookiki att some severe weath coming in, w veve this sw moving l sustem,, n noi anywhere. pressure is domiting. a ridge o high @ so pow can me ywhe a so ttteans we're goingo ha rrirmsushing on antonio tdaas up tohihi >>> and >>>>ndhat isourr latt weather.r. >> thanknkyou, alal e,or auy whoid kno he dng thi ten min agagou'vonee p pttwellll more with steve hveve after thisisncluding yourueionsns te,, eeeesw it's s ef the tiger tv anncr: gogofternoon everyone.morning rituals are spesial. sre wt u . ...with who u lo. kes frosted flakes ey'rgrrrt! it's n an infaream it'slizi by,doesn't op a a chihi roc's fofoula adapts to delicate skin aas. my fine lines here, visibly reduced 4 weeks. chest,k d face cre

. >> a flipper on the zipper. >> it's not a flip on the zip. no, that can't happen. no.ant to enjoy things. marjorie is coming back. >> willie, you have nothing? just smile. >> i thought we would have a good time but there was a mascot -- >> al roker, don't you have something to show us? >> excuse me? >> oh, my gosh. >> in the weather world. >> well, we are looking at some severe weather coming in, we have this slow moving low pressure system, it's not going anywhere. high pressure is dominating. it's a ridge of high pressure so this low can't move anywhere and so that means we're going to have recurring storms pushing on through and so look for the heavy thunderstorms from san antonio to dallas up to wichita >>> we have some rain moving through the north bay, moving closer to san francisco as well as around fairfield and as that rotate ace round that low pressure we had early this morning we'll see scattered showers moving through. richmond, down 80 and as we go down towards the peninsula to san mateo you have some showers moving in approaching redwood city, drying out