Latest News for: Flip investors


Opinion: Will our kids be able to afford homes in Chattanooga?

Times Free Press 02 Jul 2022
I'm not sure when our 15-year-old son started looking at the real estate website Zillow, but it's giving me the willies ... Which, frankly, puts me in a bad zood ... When a house goes up for sale here now, it's a coin flip whether the buyer might be a local, an investor (looking to flip or rent the property) or an out-of-state person looking to move here.

Home flipping is at record highs in Maine but profits are down

Bangor Daily News 01 Jul 2022
... — a process known as flipping — within one year by investors, according to real estate database ATTOM Data Solutions ... “The good news for fix-and-flip investors is that demand remains strong from prospective homebuyers,” Rick Sharga, ATTOM’s executive vice president said.

Investors: How to Handle White-Hot Inflation This Summer

Winona Daily News 01 Jul 2022
The continued rise in prices throughout the global economy has left the average consumer reeling and the average investor uneasy. There are a few tools for investors to combat inflation, so to the extent you can take advantage of them, it's probably a good idea to do so ... Inflation is no doubt a major challenge for nearly all investors.

House-Flipping Rate Rises, but Investors’ Profits Are Falling

New York Times 30 Jun 2022
Nearly 10 percent of U.S. homes sold in the first quarter of 2022 were flipped, but investors were challenged by shrinking supply and rising costs ... .

Bill headed to Murphy would help low-income bidders buy foreclosed homes in NJ more easily

Burlington County Times 30 Jun 2022
Phil Murphy Wednesday reworking the sheriff's sale process to prioritize these buyers and discourage large investors from flipping those properties ... "But at the time of foreclosure, the most interesting thing is they usually start the bid for investors at like half of what the person owes.

It's a terrible time to become a house flipper

Business Insider 29 Jun 2022
Rick Gomez/Getty Images The share of US homes sold by fix-and-flip investors soared to a 22 year-high in the first quarter of 2022 ... Pandemic-era mortgage rates didn't only entice families eager to purchase their dream homes — they also lured fix-and-flip investors hoping to cash in on the American dream of homeownership.

5 Best DeFi Crypto Coins and Tokens to Buy July 2021

Inside Bitcoins 29 Jun 2022
However, the decentralised finance (DeFi) space continues to show promise, especially for investors with the long game in mind ... We believe that this will lead to more growth for DEFC as it gets exposed to a broader investor pool ... As the leading DeFi protocol, investors can buy Maker and earn gains when the market flips bullish.

Is the IAG share price too cheap for investors to miss?

The Motley Fool 29 Jun 2022
The question is whether the FTSE 100 stock now offers value that investors can’t afford to ignore. The British Airways owner is expected flip from losses of 2.3 cents in 2022 to earnings of 20.1 cents in 2023 ... As a long-term investor there’s a lot I like about IAG ... I think investors should buy stocks with better growth prospects today.

1 in 10 homes sold this year were flipped, the highest rate since the year ...

Business Insider 28 Jun 2022
Rick Gomez/Getty Images Nearly 115,000 houses and condos were "flipped" in the first quarter of 2022, Attom reports ... "The good news for fix-and-flip investors is that demand remains strong from prospective homebuyers, as evidenced by this quarter's report," Attom's executive vice president of market intelligence, Rick Sharga, said in a statement.

Slowing of home price growth ‘is certainly a welcome change,’ economist says

Yahoo Daily News 28 Jun 2022
We saw some data this morning showing home flipping represents 10% of transactions ... Now in terms of the buyers out there, there certainly is more investor buyer. You mentioned flipping. Flipping is not as much of an issue as it was last time around. But we do see happening more often now is more investor purchases, also more second home purchases.

Are investors to blame for U.S. housing market record high home prices?

Deseret News 28 Jun 2022
Investor purchases have fueled high prices in the U.S., a new study says ... Yes, investors have played a significant part in fueling the red hot U.S ... How many homes have investors bought? Of U.S ... And typically, once bought by an investor, those homes are often converted to rentals or are flipped at a higher price tag.

5 Best Cryptocurrency to Buy for the Recovery – June 2022 Week 4

Inside Bitcoins 28 Jun 2022
While several investors have panic sold, a number of savvy enthusiasts are regularly piling up on promising assets in anticipation of a bullish comeback. For savvy investors, we offer a list of the best cryptocurrency to buy for the recovery once the market flips bullish ... No UK or EU investor protection.

Interim Chattanooga Councilwoman Marvene Noel plans run for District 8 seat

Times Free Press 28 Jun 2022
Byrd vacated the seat in February in order to serve as City Court clerk under Mayor Tim Kelly's administration ... "It's not healthy food," she said ... Historically, Chattanooga has had problems with out-of-town investors buying up properties and flipping them at a higher price or turning them into a short-term rental, she said ... ADVERTISEMENT ....

Flipped home sales surge in Triad for higher prices during first quarter

Winston-Salem Journal 27 Jun 2022
There were 1,262 flipped homes sold in 2021 ... “The good news for fix-and-flip investors is that demand remains strong from prospective homebuyers, as evidenced by this quarter’s report, which shows that one of every 10 homes sold during the first quarter was a flip,” said Rick Sharga, executive vice president of market intelligence for Attom.

Fund That Flip, a fintech connecting investors and home renovators, wins top workplace award: Top ...

Cleveland 26 Jun 2022
CLEVELAND, Ohio -- Cleveland fintech startup Fund That Flip aims to be a bridge between house flippers and investors with capital ... For the first time, Fund That Flip ranked No ... Fund That Flip’s goal is to get real estate investors fast and flexible financing so they can put it to work on their own projects.

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