A total of 74,618 single-family homes and condominiums were flipped in the third quarter, according to new data from ATTOM. This accounted for 7.2%, or one of every 14 home sales, during that period. The third quarter total is down slightly from 7.6% of all sales in...
Pennsylvania Gov. Josh Shapiro has signed a new bill into law designed to protect home sellers and buyers in residential wholesaling transactions. Senate Bill 1173, which was sponsored by Republican Sens. Pat Stefano and Greg Rothman, requires anyone conducting...
A total of 67,817 single-family homes and condominiums were flipped in the first quarter, according to new data from ATTOM. This represents 8.7% of the quarter’s home sales, or one of every 12 transactions. The first quarter’s activity was up from 7.7% of all home...
Backflip, the Dallas-headquartered real estate fintech, announced its closing of its $15 million Series A funding round. Backflip is designed to enable real estate investors to acquire and renovate single-family homes, with the goal of reselling the properties at a...
The Federal Trade Commission (FTC) is distributing more than $10 million in refunds to consumers who paid for a real estate investment training program that allegedly made empty promises about earning big profits by flipping houses. The FTC and the Utah Division of...