Tag: Home flipping
Home Flipping Declines and Investor Profits Stumble Across U.S. During Third Quarter of 2024
Typical Raw Flipping Profit Drops to $70,000; Flipping Rate Also Decreases to Low Point Over Past Year IRVINE, Calif. – Dec. 12, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its third-quarter 2024 U.S. Home Flipping Report showing that 74,618 single-family homes and condominiums in the United... Read More »
Flipping Was Big After the Housing Crisis of 2008 … But Is It Still a Path to Profits?
Flipping activity ebbs and flows with the property market. The housing bubble of the early 2000s created a thriving flipping economy, but it was also the precursor to the housing crisis of 2008. Post-crisis, the plethora of foreclosed homes available for sale at rock-bottom prices reignited the thriving flipping industry once again. With such... Read More »
Top 10 Counties with Highest Annual Percentage Increases in Home Flipping Returns
According to ATTOM’s Year-End 2023 U.S. Home Flipping Report, a total of 308,922 single-family homes and condos were flipped in the United States throughout 2023. The report noted that this figure marks a notable decrease of 29.3 percent compared to the 436,807 flips recorded in 2022, representing the most substantial annual decline since 2008.... Read More »
Home Flipping Plummets Across U.S. in 2023 as Profits Slump Again
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 »
Top 10 U.S. Counties with Highest Annual Increases in Home Flipping Returns in Q3 2023
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 »