Market & Trends

Average gross profit up on homes that are rehabbed; but number of flips declining

From the archive, 2013. Rates, prices and market conditions described here are as they stood then. Treat the numbers as history, and the reasoning as the part that lasts.

Real Estate investors made an average gross profit of $54,927 on single family rehabs and home flips, according to a story in the Riverside Press.

Meanwhile, based on RealtyTrac data, the practice where a home is bought and sold in six months is down 13% from the third quarter a year ago. Read More

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