LOS ANGELES — It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses.
U.S. flipping activity drops for second consecutive year, though modest profit gains hint at a potential turnaround For the second year in a row, home-flipping activity in the United States took a hit ...
LOS ANGELES (AP) — It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses.
During the pandemic housing boom, home flipping surged as soaring home prices and ultralow-interest rates attracted more flippers, especially newcomers, to the market. However, as the market shifted ...