SUMMARY: Mortgage standards tighten to a level not seen since 2013, rising rates are burning home flippers, and consumer expectations about inflation fall to a low not seen since September 2021… Sources:...
SUMMARY: There were more housing flips in Q1 but those flipping saw their profit margins fall to the lowest level in 13 years, mortgage rates continue their climb, and the labor...
Home flipping got a lot more popular in the first quarter of 2022 but also was a lot less profitable, according to ATTOM’s U.S. Home Flipping Report…(ATTOM) In total, 114,706 homes...
Home flipping is gaining in popularity even as profits continue to fall, according to the latest quarterly report from ATTOM Data Solutions…(ATTOM) Q-O-Q: A total of 94,766 single-family houses and condominiums...
Zillow is looking to sell 7,000 homes for around $2.8B after home flipping disaster, construction spending falls in September but year-over-year data remains positive, and could cash-out refis be the second...
Bloomberg broke the story that Zillow is looking to sell about 7,000 homes for roughly $2.8 billion…(Bloomberg) “Zillow is likely to sell the houses to a multitude of buyers rather than...
In case you missed the big conspiracy theory a few weeks ago. A Las Vegas-based real estate agent Sean Gotcher posted a two-and-a-half minute video to TikTok in which he described...
Home flipping saw a slight increase in the second quarter but profits continue to fall as investors struggle to find cheap properties, according to ATTOM Data Solutions latest report…(ATTOM) Q-O-Q: The...
The rate of home flipping fell in the first quarter of 2021, according to ATTOM data solutions quarterly Home Flipping report (ATTOM) Just 32,526 single-family homes and condominiums were flipped in...
