Items Tagged with 'House flipping'

ARTICLES

  • There haven't been this many house flippers since before the housing bubble burst

    The number of flips is approaching pre-crisis levels. Should we be worried?
    House flipping is making a comeback, with the number of homes built on spec approaching its 2006 high. The overzealous speculation of house flippers in the months leading up to the crisis is often cited as a contributing factor to the housing bubble. So should we be worried now that houses built on spec appear to be making a comeback?
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  • Single-family rental giant bets big on house flipping market

    Amherst Holdings is putting up $1 billion to fund the launch and expansion of a house flipping operation called Bungalo
    Amherst Holdings, one of the largest single-family rental entities in the U.S., is putting up $1 billion to back a platform it can use to sell off homes it has flipped. According to a Bloomberg article, Amherst owns or manages roughly 20,000 single-family rentals and is launching a subsidiary called Bungalo to flip properties, selling them at no-haggle prices in the hopes of attracting buyers who want a simpler home buying experience.
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  • House flipping is back…in California, at least

    Wall Street Journal reports on return of flippers
    House flipping, which served as one of the canaries in the coal mine before the house collapse, is apparently back on the map, in California, at least. In the words of one flipper, “the floodgates have opened” when it comes to finding financing for flipping.
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  • Clayton Holdings launches new underwriting program for "fix and flip" lending

    Company offers end-to-end underwriting, valuation and due diligence solution
    Clayton Holdings, a provider of loan due diligence, surveillance, REO management, consulting, valuation, title and settlement services to the mortgage industry, revealed its latest offering. The new solution is already in the market and is specifically designed for the "fix and flip" market.
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  • RealtyTrac: Is flipping a flop?

    Flipping returns rise but flips as percentage of sales drop
    A total of 30,013 single family homes were flipped — sold as part of an arms-length sale for the second time within a 12-month period — in the second quarter, accounting for 4.5% of all single-family home sales during the quarter, according to RealtyTrac’s Q2 2015 U.S. Home Flipping Report.
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  • The 14 very best big money markets for flipping homes

    Bonus: 22 most active house flipping markets
    Home flipping isn’t the share of home sales it used to be; it stood at 3.7% of the total homes sold in the first quarter of 2014. But there’s still gold in them thar hills, so to speak, as profits from flipping a house are up to 30%. Notably though, the returns in the top 14 markets are more like 70-80%.
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