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Posted To: Pipeline Press

One could argue that house flippers could make less if they buy the house for more than they expected, costs were more than anticipated, or the sales price was less than hoped for. It can be a lot of work, especially if individuals are competing with big-time flippers working with computer algorithms. ATTOM Data Solutions came out with its Q2 2019 U.S. Home Flipping Report shows that 59,876 U.S. single family homes and condos were flipped in the second quarter of 2019, up 12.4% from the 1 st quarter of 2019 but down 5.2% from a year ago. Gross profits were up 2 percent from the previous quarter, but down 2 percent from a year ago. Lender Products and Services Part 2 of the new three-part series, “The 30-Year Fix,” was just released by Maxwell this morning. “The 30-Year Fix…(read more)

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