Flipping Activity Drops But Profits Rise

Metro East REIA
Sep 28, 2023
1 min read

According to the latest U.S. Home Flipping Report from ATTOM, 84,350 single-family houses and condominiums were flipped in Q2, 2023 representing 8% of all home sales in the first quarter. Interestingly, ATTOM says even as flipping activity decreased, investor profits and profit margins both showed more signs of recovering from a slump that had slashed them by more than half in just two years. Continue reading HERE...

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