Menu

Real Estate Articles

2019-04-18 CoreLogic: Home Flippers are Playing a Different Game | By: Brad Beckett

CoreLogic: Home Flippers are Playing a Different Game

We recently posted about how mortgage delinquency rates were the lowest in 20 years and that potentially means fewer foreclosures for home flippers.  However, in a recent special report about flipping, CoreLogic says that flipping rates are actually near historic highs, but flippers are “playing a different game.”  To come up with this theory, CoreLogic took a deep-dive into home flipping by investigating flipping rates nationally and across  the country’s metro areas.  They also estimated the gross economic returns to home flipping and tested to see what factor is most correlated with such returns.

“…we also find that flipping rates vary sharply across the country, tending to be highest in sunbelt metros and lowest in rustbelt metros, although the dichotomy doesn’t fit perfectly. For example, eight of the top ten metros with the highest flipping rate in the fourth quarter of 2018 were in the Sunbelt…”

Click here to read the full report at CoreLogic.com


Contact Us

Greater Dayton Real Estate Investors Association

3541 Dayton-Xenia Road #341591
Dayton, OH 45434
(937) 216-5724

Proud Chapter of National REIA

Follow Us


Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer

www.GdREIA.com  (Greater Dayton Real Estate Investors Association) does not give legal, tax, economic, or investment advice. GD REIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   

Copyright 2019 © Greater Dayton Real Estate Investors Association  All rights reserved.

This REIA Website is powered by: Real Estate Promo.