This week housing data powerhouse RealtyTrac released its Year-End and Q4 2015 U.S. Home Flipping Report, which shows that in 2015 over 179k single family homes & condos were flipped in the U.S., representing 5.5% of all single family home & condo sales during the year (up from 5.3% in 2014).
“As confidence in the housing recovery spreads, more real estate investors and would-be real estate investors are hopping on the home flipping bandwagon,” said Daren Blomquist, senior vice president at RealtyTrac. “Not only is the share of home flips on the rise again, but we also see the flipping trend trickling down to smaller investors who are completing fewer flips per year. The total number of investors who completed at least one flip in 2015 was at the highest level since 2007, and the number of flips per investor was at the lowest level since 2008.”
