The number of homes flipped by investors grew by 3.5
percent in the second quarter of the year. It was the first increase in more
than a year. 
ATTOM says its second quarter U.S. Home Flipping
Report shows that 79,733 single-family homes and condominiums in the United
States were flipped during that period. Those transactions represented 4.9
percent of all home sales, or one in 20 transactions compared to one in every
29 sales in the first quarter. Flips were down 6.8 percent from one in 15
transactions in the second quarter of 2020. The recent number was lower than
the flipping rate through most of the last decade.


…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Generated by Feedzy