Housing-News-Report-January-2018

HOUSINGNEWS REPORT

DATA IN ACTION

DATA IN ACTION

Where Home Flippers are Flocking, Fleeing

WHERE FLIPPERS ARE FLOCKING, AND FLEEING Q3 2017 YEAR-OVER-YEAR PCT CHANGE IN HOME FLIPPING -140% 140%

Nearly 49,000 single family homes and condos were flipped nationwide in the third quarter of 2017, a home flipping rate of 5.1 percent — down from 5.6 percent in the previous quarter and unchanged from a year ago, according to the ATTOM Data Solutions Q3 2017 U.S. Home Flipping Report. Year-to-date through the third quarter of 2017 a total of 153,727 single family homes and condos nationwide have been flipped, nearly equal with the 153,854 flipped through the first three quarters of 2016, when the number of homes flipped increased to a 10-year high.

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JANUARY 2018 | ATTOM DATA SOLUTIONS

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