The home flipping market faced challenges in 2023, as the number of single-family homes and condos flipped declined, leading to lower returns on investment for investors. Despite the decrease in flipping activity, the market remained competitive and required savvy strategies for success.
Key points from the text include:
– Decline in the number of single-family homes and condos flipped
– Lower returns on investment for home flippers
– Competitive nature of the home flipping market
– Need for investors to adapt and innovate in order to succeed
You can read this full article at: https://www.housingwire.com/articles/home-flipping-activity-and-profits-plummeted-in-2023-attom/(subscription required)
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