Share this article!

As the housing market shifts in 2023, real estate investors looking to fix and flip will face both challenges and opportunities. Because return on investment is never fully guaranteed, developing a clear plan to address unexpected market shifts is critical. So, what three factors may impact how you evaluate new investment fix-and-flip opportunities in 2023?


1. A dramatic increase in foreclosure activity is happening.

Housing and rental demands will remain on the rise this year, but a potential recession—resulting in rising unemployment—could lead to more foreclosures. As reported recently by ATTOM, foreclosure filings are up more than 64% since 2022. One in every 4,580 housing units had a foreclosure in November of that year. While the activity differs across the country, states with the highest foreclosure levels included California, Texas and Florida.