I find this quite interesting. Housing I suppose is no longer in a bubble and therefore home flippers aren’t making the excess gains they have enjoyed over the past 8 years.
Following the link leads to
“The average gross flipping profit is the difference between the purchase price and the flipped price (not including rehab costs and other expenses incurred, which flipping veterans estimate typically run between 20 percent and 33 percent of the property’s after repair value). ”
So, the data do not really show what the profit is.
I find this quite interesting. Housing I suppose is no longer in a bubble and therefore home flippers aren’t making the excess gains they have enjoyed over the past 8 years.
https://www.attomdata.com/news/market-trends/flipping/attom-data-solutions-q2-2019-u-s-home-flipping-report/
Following the link leads to
“The average gross flipping profit is the difference between the purchase price and the flipped price (not including rehab costs and other expenses incurred, which flipping veterans estimate typically run between 20 percent and 33 percent of the property’s after repair value). ”
So, the data do not really show what the profit is.