Record low inventories of homes for sale and new home construction that is lagging demand has upped the interest in home flipping in the Tri-Cities region. And the fact that flippers are seeing lower gross return on investment (ROI) than they did last year, but are still doing better than the national average this year doesn’t hurt. ATTOM Data Solutions’ Q1 House Flipping Report shows there were there were more flips in most local counties included in the report than during the first three months of last year.
Similar Stories to How's The House Flipping Market Doing? on Bing News
Kingsport Times-News, Kingsport Times-News
Sun, 06/17/2018 - 9:00pm
Sections: u.s.
Topics: Tennessee Sullivan County Kingsport
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BING NEWS:
- House flipping is hot in Tampa Bay, while the rest of the country sees decline
The Tampa Bay area seems to just keep growing, and it's showing in the housing market. Now, some groups are turning to flipping homes to turn a profit and help homeowners get a deal. Driving down city ...
04/25/2024 - 4:34 am | View Link - House flipping down nearly 30% as profits drop, data reveals
"In 2023, the landscape for home flipping across the U.S. became increasingly challenging," Rob Barber, CEO at ATTOM, said in a statement. "Whether the overall market has soared o ...
04/24/2024 - 9:35 am | View Link - House flipping down nearly 30% as profits drop, data shows
"In 2023, the landscape for home flipping across the U.S. became increasingly challenging," Rob Barber, CEO at ATTOM, said in a statement. "Whether the overall market has soared o ...
04/24/2024 - 9:34 am | View Link - House flipping is hot again in Tampa Bay
A flip is defined as any transaction between an unrelated buyer and seller within 12 months of a previous transaction; Chart: Axios VisualsHouse flipping is hot again in Tampa Bay, new reports ...
04/23/2024 - 11:20 pm | View Link - House flipping declines in Utah as profitability tanks
Utah has one of the nation's highest rates of house-flipping — despite being one of the least profitable states for it. The intrigue: Flippers in Utah saw an average return on investment of less than ...
04/23/2024 - 1:20 am | View Link - More
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