House flipping, or flopping?
House flipping is on a downward trend. Could it be that some flippers don’t understand their market, their area, or the best time to buy and sell?
Despite what some HGTV shows would have you believe, home-flipping activity is not at its most profitable right now. According to ATTOM Data Solutions’, returns on home flips in Q3 stood at the second-lowest point since 2011.
Source: Home flipping is flopping – HousingWire