A new report finds that home flipping nationwide was down in 2020, hitting a four-year low in an otherwise banner year for housing.
Read More »OpenLTV Partners With Paxos for Real Estate Investment Tech
OpenLTV has announced the launch of a new investment platform for globally accessible, short term, high yield investments.
Read More »Investors Find Opportunities in Home Flipping
Lack of housing inventory and rising home prices prove to be favorable conditions for flippers.
Read More »Investors Find Opportunities in Home Flipping
Lack of housing inventory and rising home prices prove to be favorable conditions for flippers.
Read More »House Flipping Remains Preferred Strategy Among Investors
Even as the demand for rental housing has increased in most markets, investors continue to prefer to flip houses due to a recent combination of price appreciation and decreased inventory, according to Auction.com.
Read More »Report Finds Hottest Spots for Home Flipping
The recent hot spots for flipping include California and parts of the South, according to Trulia. Six of the top 10 metro areas where flips represented the highest share of home sales were located in California, two were in Tennessee (Nashville and Knoxville), and Florida (Fort Lauderdale) and Massachusetts (Cambridge-Newton-Framingham) had one each in the top 10.
Read More »Flipping Beats Out Renting as Top Home Investor Strategy
Though various reports have suggested in the last year that flipping opportunities are dwindling, Auction.com's latest survey affirms that flipping is still going strong: 50 percent of investors said they intended to flip the homes they purchased, compared to 47.3 percent who said they intended to rent them out (2.7 percent were undecided).
Read More »Home Investors Lean Toward Renting Over Flipping
Out of all the investors surveyed by Auction.com in November, 50.5 percent said they're going to rent out their properties, while 46.6 percent plan to flip them to another buyer. The preference toward renting was more evident among one-time purchasers, 72.2 percent of whom said they plan to rent out the auctioned home.
Read More »U.S. Home Flipping Drops to Five-Year Low
Home flipping sales, or those in which a home is purchased and sold within 12 months, represented 4 percent of all single-family home sales in the United States in the third quarter, a decline from 4.6 percent in Q2 2014 and from 5.6 percent in the third quarter of 2013, according to RealtyTrac.
Read More »California Ranks Fourth for Home Flipping
Despite seeing a decline in average gross return on investment (ROI) and average gross profit on flipped homes, California still ranked fourth among the 50 states and the District of Columbia in flipped homes as a percentage of total sales in Q2, according to RealtyTrac.
Read More »