Flipping Rate Increases for Second Quarter in a Row While Profit Rebound Continues; Investment Returns Still Low but Reach 30 Percent Nationwide for First Time in Over a Year; Raw Flipping Profits Also Hit High Point Since 2022 IRVINE, Calif. – June 20, 2024 — ATTOM, a leading curator of land, property and real estate data, today released its... Read More »
Flipping Activity by Investors Declines at Fastest Pace in 15 Years; Investment Returns on Flips Sink to Lowest Level Since 2007: Two-Thirds of Flipped Homes Still Purchased with Cash IRVINE, Calif. – Mar. 21, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2023 U.S. Home Flipping Report, which... Read More »
According to ATTOM’s Q3 2023 U.S. Home Flipping Report, 72,543 single-family homes and condos in the U.S. were flipped in the third quarter, representing 7.2 percent of home sales nationwide. The report noted the latest portion of flips was down from 7.9 percent in Q2 2023 and 7.7 percent in Q3 2022. ATTOM’s latest home flipping analysis revealed... Read More »
Flipping Rate Declines for Second Straight Quarter While Profit Margins Increase Again; Investment Returns Continue Rebounding from Two-Year Decline; Raw Flipping Profits Also Up, to High Point Since Middle of 2022 IRVINE, Calif. – Dec. 14, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its third-quarter... Read More »
ATTOM recently published its Q2 2023 U.S. Home Flipping Report, revealing that 84,350 single-family homes and condominiums across the United States underwent flipping. Flipping, defined as an arms-length transaction occurring within a quarter following a prior arms-length transaction within the past 12 months, constituted 8% of all home sales... Read More »
Flipping Rate Declines to Near Low Point Since 2021; Typical Profit Margins Increase at Fastest Quarterly Pace in Three Years Following Extended Slump; Raw Flipping Profits Also Rebound, Up 18 Percent Over First Quarter IRVINE, Calif. – Sept. 21, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its... Read More »
According to ATTOM’s Q1 2023 U.S. Home Flipping Report, there were 72,960 U.S. single-family homes and condos flipped in the first quarter, representing 9 percent of all sales. That figure was down from 9.4 percent of all home sales in Q1 2022, but still up from 8 percent in Q4 2022 – hitting the second-highest level this century. ATTOM’s... Read More »