Although house flipping rates declined during the second quarter of 2020, the gross profit on the typical home flip in the U.S. increased to $67,902 from $63,000 the previous quarter.
Source: Inman News
House flipping rates decline while profit margins rise across the U.S.
Published in all-cash, Analysis, ATTOM Data Solutions, boston, Cedar Rapids, chattanooga, coronavirus pandemic, Corpus Christi, Data, denver, durham, FHA buyers, Fort Collins, fort myers, honolulu, house flipping, house flips, jacksonville, Markets & Economy, new york, Provo, renovation ROI, salisbury, salt lake city, san diego, san francisco, san jose, Todd Teta and Toledo
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