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Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023

Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023

by Phil Hall | Mar 21, 2024 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 308,922 single-family homes and condos were flipped in the U.S. during 2023, according to data from ATTOM. This represented a 29.3% plummet from the 436,807 total in 2022, marking the greatest annual decline since 2008. Flips accounted for 8.1% of all 2023...
Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023

Q3 Home Flipping Down, But Profits Are Up

by Phil Hall | Dec 14, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 72,543 single-family homes and condominiums were flipped in the third quarter, according to new data from ATTOM. This represented 7.2% of home sales, or one of every 14 transactions – down from 7.9% during the second quarter and from 7.7% in the third...
Fewer Homes Being Flipped

Fewer Homes Being Flipped

by Phil Hall | Sep 21, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 84,350 single-family homes and condominiums in the were flipped during the second quarter, according to data from ATTOM. These transactions represented 8% the quarter’s home sales and was close to the lowest level of flipping activity since 2021. The second...
Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023

Flipped Homes Accounted for 9% of All Q1 Sales

by Phil Hall | Jun 22, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 72,960 single-family homes and condominiums were flipped in the first quarter of this year, according to new data from ATTOM. This represented 9% of all sales, compared to 9.4% in the first quarter of 2022 and 8% in the fourth quarter of last year. Among...
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