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2020-09-21 Flipping May Be Down But Profits are Up | By: Brad Beckett

Flipping May Be Down But Profits are Up

by Brad Beckett 

According to ATTOM Data’s latest U.S. Home Flipping Report, there were 53,621 single-family homes and condominiums flipped in the second quarter, representing 6.7% of all home sales during Q2.  However, ATTOM points out that even though the flipping rate was lower than in Q1, both profits and margins were up, rising to $67,902.

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