Despite the seeming decline in popularity of house flipping, the gross profit on the typical home flip rose to its highest amount since 2000 of $73,766, up from $69,000 during the second quarter of 2020.
Source: Inman News
Home flipping rates continue downward trend, profits hit new high
Published in all-cash, Analysis, ATTOM Data Solutions, austin, Brownsville, Data, Greeley, house flip, house flipping, los angeles, Markets & Economy, renovation ROI, ROI, san francisco, san jose, savannah, Select, Springfield, Todd Teta and Ventura
More from all-cashMore posts in all-cash »
More from AnalysisMore posts in Analysis »
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Heard of a K-shaped economy? You’re living in it now
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- New client leads, murky waters: October’s mixed bag for real estate
More from ATTOM Data SolutionsMore posts in ATTOM Data Solutions »
- AI smoothing mortgage income and employment verifications
- Cost of insurance, property tax top triggers of mortgage delinquencies
- More US mortgages are ‘seriously underwater’ as equity dwindles
- Home values surge to new record as median prices climb to $350K
- 3 years after lockdown, foreclosed homes remain rare but on the rise
More from austinMore posts in austin »
- 5 ways real estate agents can attract, and keep, buyer clients
- Companies must ‘get big in order to compete’ with Compass-Anywhere
- Why multifamily occupancy and rent growth rise or fall
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- How a Green Beret turned an agent’s advice into a $600M empire
More from DataMore posts in Data »
- The inventory surge is sputtering. See how your market stacks up
- New client leads, murky waters: October’s mixed bag for real estate
- What Zillow’s marketing genius can teach you about social media
- Median monthly housing payments see sharpest drop in almost 1 year
- Existing-home sales gain momentum in September amid falling mortgage rates
More from GreeleyMore posts in Greeley »
More from house flippingMore posts in house flipping »
- This type of seller lead will wreck your real estate ROI
- Bernice Ross launches new take on investing with ‘The Investor Scoop’
- HGTV star Kortney Wilson joins eXp Realty in Nashville
- Mom-and-pop flippers make the dream of homeownership a reality
- Tarek El Moussa talks cancer, tells agents to push through hardship
More from los angelesMore posts in los angeles »
- Inman is celebrating 30 years of community, and you’re invited
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- ‘Selling the OC’ drops today. Get to know the agents
- Falling home prices leave nearly 1 million Americans ‘underwater’
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from renovation ROIMore posts in renovation ROI »
More from ROIMore posts in ROI »
- Client-centricity isn’t a buzzword. It’s your competitive advantage
- Maximizing ROI: Key home updates sellers should prioritize
- Homes near Trader Joe’s get top dollar. But investors should eye Aldi
- Bathroom remodels top owners’ renovation wish lists for 2022
- Make the most of your time! 5 secrets of the uber-productive
More from san franciscoMore posts in san francisco »
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- 15% of homebuyers ‘ghosted’ homesellers in September
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Anywhere: The rise and fall of an industry giant
- Pacaso plans to launch ‘bespoke’ co-ownership mortgage in Q4
More from san joseMore posts in san jose »
More from savannahMore posts in savannah »
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
More from SpringfieldMore posts in Springfield »
More from Todd TetaMore posts in Todd Teta »
- ATTOM data tool sniffs out true ownership of properties in LLCs
- Mortgage database created to track bad actors now a recruiting tool
- Home lending activity drops at fastest pace in 3 years
- Yes, wages really are rising faster than rent in a majority of counties
- Pay raises aren’t keeping up with rise in home prices, mortgage rates
Be First to Comment