A California man who flipped properties for a living was indicted for defrauding lenders over a six-year span. According to the indictment, Steven Taylor of Brentwood used fake bank statements and false cash representations to obtain loans and lines of credit to...
A total of 78,621 single-family homes and condominiums were flipped in the second quarter, accounting for 7.4% of home sales during that three-month period. According to data from ATTOM, the second quarter’s activity was down from the first quarter when flipped homes...
A New Jersey real estate investor who gained a social media following for his house flipping advice was indicted by a federal jury for creating a multimillion-dollar Ponzi-like investment fraud scheme. According to documents filed in this case and statements made in...
A total of 67,394 single-family homes and condominiums were flipped in during the first quarter of this year, according to new data from ATTOM. This represented 8.3% of all home sales during the quarter, up from 7.4% in the previous quarter but down from 8.7% one year...
A total of 297,885 single-family homes and condos were flipped in 2024, according to data from ATTOM. This is a 7.7% decline from the 322,782 flips in 2023 and a 32.4% from a recent peak of nearly 441,000 reached in 2022. Only 7.6% of home sales in 2024 were flips,...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
