Tag: Home flipping
Home Flipping Activity Drops As Profits Rise Across U.S. In Second Quarter Of 2023
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 »
Top 10 ZIPS Flipped in Q1 2023
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 »
Home Flipping Activity Remains High Across Nation As Investor Profits Show Signs of Improving in First Quarter of 2023
Flipping Rate Across U.S. Rises Close to High Point This Century; Typical Profit Margins Inch Up but Still Near Lowest Level Since 2000; Raw Profits Remain Near 10-Year Low IRVINE, Calif. – June 22, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2023 U.S. Home Flipping Report showing that... Read More »
Top 10 U.S. Counties with Highest Home Flipping Profits in 2022
According to ATTOM’s Year-End 2022 U.S. Home Flipping Report, there were 407,417 single-family homes and condos flipped in the U.S. in 2022. That figure was up 14 percent from 357,666 in 2021 and 58 percent from 2020, to the highest point since at least 2005. ATTOM’s latest home flipping analysis revealed that the number of homes flipped by... Read More »
Home Flipping Remains Up In 2022 Across U.S. But Gross Profits Fall To Another Low
Number of Home Flips Hits Highest Level in More Than 15 Years; But Investment Returns on Flips Sink to Lowest Point Since 2008; Two-Thirds of Flipped Homes Purchased with Cash IRVINE, Calif. – March 23, 2023 —ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2022 U.S. Home Flipping Report, which shows... Read More »
Home Flipping Declines Again Across U.S. During Third Quarter Of 2022 As Investor Profits Hit 13-Year Low
Nationwide Home-Flipping Rate Drops for Second Straight Quarter; Typical Profit Margins on Flips Hit Lowest Point in 13 Years; Gross Profits on Home Flips Plummet at Fastest Pace Since 2009 IRVINE, Calif. – Dec. 15, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its third-quarter 2022... Read More »