Flipping Out

Here are some intriguing facts from Attom Data’s report on Residence Flipping.

  • Past calendar year there ended up just under 309,000 flips of households or condominiums which represents 8% of all transactions throughout the U.S.
  • 37% of these were financed transactions and 63% ended up all money
  • The common gross income for a dwelling flip is $63,000

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