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    You are at:Home»Market Trends»Share of U.S. Homes Flipped in Third Quarter up 18% from 2014

    Share of U.S. Homes Flipped in Third Quarter up 18% from 2014

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    By Brad Beckett on October 29, 2015 Market Trends

    This week Housing data powerhouse RealtyTrac released their 3rd quarter US Home Flipping Report, showing that over 43k single family homes & condos were flipped.  This figure constitutes 5% of all single family & condo unit sales that quarter.

    “After curtailing flipping activity last year due to slowing home price appreciation and shrinking inventory of flip-worthy homes, real estate investors have started to jump back on the flipping bandwagon in 2015,” said Daren Blomquist, vice president at RealtyTrac. “On the acquisition side, investors are finding creative ways to pinpoint potential flips in the off-market arena, and on the disposition side investors have a bigger pool of potential buyers thanks to a surge in FHA buyers this year, many of them first-time buyers looking for starter homes.”

    US historical flipping activity

    Click here to read the report.

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    Brad Beckett
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    Director of Education & Outreach, National Real Estate Investors Association

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