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House Flipping, Real Estate Investing

Report: Home flips decline as profits tumble

By Mike Wheatley | September 20, 2019
Investors flipped fewer homes in the second quarter compared to the same period one year ago, mostly due to declining profits. ATTOM Data Solutions said in its 2019 Home Flipping Report that the number of homes flipped in the second quarter was down 5.2% from a year ago, comprising 5.9% of all home sales in […]
Real Estate Investing, Real Estate Technology, US Real Estate

Investors hire Uber & Lyft drivers to spot potential home flips

By Mike Wheatley | June 3, 2019
Real estate companies and investors have hit on the idea of hiring drivers from Uber and other ride-sharing firms to help them search for new properties to flip. The theory is that the drivers can serve as an extra pair of eyes for such companies, helping to spot rough diamonds on their routes that could […]
Featured News, Real Estate Technology, US Real Estate

Startup OpenDoor raises $325M in mega-funding round

By Mike Wheatley | June 14, 2018
Online real estate marketplace OpenDoor says it’s raising a whopping $325 million in financing, valuing the company at more than $2 billion.
Press Release, Real Estate Investing, US Real Estate

U.S. Home Flipping Increases 3 Percent in 2016 To A 10 Year High

By Press Release | March 13, 2017
ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its 2016 Year-End U.S. Home Flipping Report, which shows that
House Flipping, US Real Estate

Home flippers are getting nervous recent data shows

By Mike Wheatley | December 12, 2016
Home flippers are getting wary, as the percentage of homes bought and quickly sold off at a profit is receding for the first time in quite a few years.
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.
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