Low prices, high demand, and a growing job market are all boosting confidence in the housing market. In recent years, more investors have been willing to take on the risk of flipping homes.
More than 51,000 single family homes and condos were flipped in Q2 2016, the most home flips since Q3 2010 -- a six-year high. ATTOM analyzed these 51,000 home flips to find out the who, what, when, where, why and how of this renewed home flipping frenzy.
This was originally published in ATTOM Data Solution’s September 2016 Housing News Report.