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Home Flipping Declines Across in Q3, Profits Lowest Since 2009

Metro East REIA

According to the latest U.S. Home Flipping Report from ATTOM, 92,422 single-family houses and condominiums were flipped in Q3, 2022 representing 7.5% of all home sales in Q3. Interestingly, ATTOM says that despite the decline, the home-flipping rate during the third quarter still stood at the third-highest level in the past decade, below the high point of 9.7% registered in the first quarter of 2022. Continue reading HERE...

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