Market Data
Flip Margins Slide to 21.5% as Profits Narrow for a Second Year
Investors flipped more homes in the second quarter than in the first, but the typical gross profit fell to $60,526 and margins dropped in two-thirds of U.S. metros, ATTOM data show.
Market Data · Analysis
Where Flips Still Pay: Pittsburgh, Buffalo and New Orleans Lead Margins
Typical flip margins topped 60% in five large metros in the second quarter, while four Texas metros barely broke even, ATTOM data show.
Financing · Analysis
Rates at 7%: What the Fed's Hike Means for Flip Financing and Exits
Prime is at 7% and the 30-year mortgage rate is above 7.25%. Higher rates reach flippers in three places: the rehab loan, the buyer's mortgage and the rental refinance.
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