In the second quarter of 2023, the number of single family homes and condos which were flipped in the U.S. reached 84,350 which was an increase from the previous quarter but significantly lower than the same quarter the year before. House flipping is a real estate term which refers to the practice of an investor buying property with the aim of reselling them for a profit. The investor either invests capital into each respective property in the form of renovations or simply resells the properties if home prices are on the rise.
Number of single family homes and condos flipped in the United States from 1st quarter 2000 to 2nd quarter 2023
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Statista. (September 22, 2023). Number of single family homes and condos flipped in the United States from 1st quarter 2000 to 2nd quarter 2023 [Graph]. In Statista. Retrieved April 18, 2024, from https://www.statista.com/statistics/816746/number-of-single-family-homes-and-condos-flipped-usa/
Statista. "Number of single family homes and condos flipped in the United States from 1st quarter 2000 to 2nd quarter 2023." Chart. September 22, 2023. Statista. Accessed April 18, 2024. https://www.statista.com/statistics/816746/number-of-single-family-homes-and-condos-flipped-usa/
Statista. (2023). Number of single family homes and condos flipped in the United States from 1st quarter 2000 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: April 18, 2024. https://www.statista.com/statistics/816746/number-of-single-family-homes-and-condos-flipped-usa/
Statista. "Number of Single Family Homes and Condos Flipped in The United States from 1st Quarter 2000 to 2nd Quarter 2023." Statista, Statista Inc., 22 Sep 2023, https://www.statista.com/statistics/816746/number-of-single-family-homes-and-condos-flipped-usa/
Statista, Number of single family homes and condos flipped in the United States from 1st quarter 2000 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/816746/number-of-single-family-homes-and-condos-flipped-usa/ (last visited April 18, 2024)
Number of single family homes and condos flipped in the United States from 1st quarter 2000 to 2nd quarter 2023 [Graph], Statista, September 22, 2023. [Online]. Available: https://www.statista.com/statistics/816746/number-of-single-family-homes-and-condos-flipped-usa/