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At The National Level, Flipping Activity Is The Second Lowest Since 2012
Saturday, March 18, 2017 4:25
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from CoreLogic
– this post authored by Bin He
Flipping is the term used when an investor purchases a property, renovates and repairs it, and then re-sells it within a short period of time for a profit. In a blog series I published a while back, Is Flipping Coming Back? Part I and Part II, I concluded that in Q1 2016 flipping activity was well below its historical high at the national level although there were geographic variations at the metro level.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201703180530
