Flipping Activity Continues to Drop While Profits Continue to Rise

BY  ON DECEMBER 21, 2023

According to the latest U.S. Home Flipping Report from ATTOM, 72,543 single-family houses and condominiums were flipped in Q3, 2023 representing 7.2% of all home sales in the third quarter. Click here to read more.

ATTOM says Investor returns increased for the third quarter in a row with margins, along with raw profits, rising to the highest levels since the middle of last year.

“The comeback for the home-flipping industry is looking more like a real trend than a temporary break in what had been a pretty bleak couple of years…For sure, investment returns still aren’t anywhere close to where they were a couple of years ago….Nevertheless, home flippers continue to head back in the right direction.”  Said Rob Barber, CEO for ATTOM.


Click here to read the full report at ATTOM.

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  • Hamza Ashfaq
    published this page in Updates 2024-01-31 05:02:35 -0700