House flipping hits lowest level since 2000
Housing Wire
JUNE 18, 2021
of all home sales in the first quarter of 2021 were flips — or one in 37 transactions, the lowest level since 2000. were flipped in the first quarter. That number is down from 4.8%, or one in every 21 home sales in the nation during the fourth quarter of 2020. The gross flipping return on investment was down from 41.8%
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