Residential Magazine

Fix-and-flip profits grew, but the trend bears watching

By Rick Sharga

Rising interest rates, high home prices and weakening demand have caused the fix-and-flip market to slow, but it still had a strong showing in second-quarter 2022, according to Attom Data Solutions’ U.S. Home Flipping Report. From April through June, more than 115,000 single-family homes and condominiums were flipped, representing 8.2% of nationwide home sales. This…...

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