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Investing, Real Estate Investing, US Real Estate

Rise in home flipping shows that fixer-uppers are back in vogue

By Mike Wheatley | June 2, 2016
Fixer-uppers are back in vogue, with RealtyTrac reporting that 6.6 percent of all single family home and condo sales (numbering 43,740 sales in total) during Q1 of this year were flipped homes, a twenty percent increase from the last quarter and a three percent rise from one year ago. RealtyTrac defines a home flip as […]
Featured News, House Flipping, Real Estate Investing, US Real Estate

Home flippers pulled in $102,400 per flip last year

By Mike Wheatley | March 14, 2016
Redfin reports that 2015 was the best year for home flippers yet, with investors making $102,400 per flip on the average, compared to just $98,500 per flip in 2014 and the $90,900 flippers were making pre-recession.
Real Estate, Real Estate Investing, US Real Estate

Home flippers made up 4% of all house sales in Q1

By Mike Wheatley | May 8, 2015
A total of 17,309 single family homes were flipped in the first quarter of 2015, 4% of all single family home sales during the quarter, according to RealtyTrac.
Real Estate, Real Estate Investing

Foreclosure Flippers Are Cleaning Up The Streets

By Mike Wheatley | April 10, 2011
Foreclosure flipping is the latest trend to be embraced by a growing number of investors, though it’s not the same kind of practice as we saw during the property boom of just a few years ago.
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