Today RealtyTrac released its Year-End and Q4 2015 U.S. Home Flipping Report, which found that numbers are on the rise after four consecutive years of declining numbers of home flippers.

  • Home flipping increased in 75 percent of U.S. markets in 2015 and nationwide
  • Smaller investors flipping fewer properties are jumping on the bandwagon
  • Nationwide flipping gross profits are at a 10-year high

infographic_homeflipper_habits_large

“As confidence in the housing recovery spreads, more real estate investors and would-be real estate investors are hopping on the home flipping bandwagon,” said Daren Blomquist, senior vice president at RealtyTrac, in a statement.

“Not only is the share of home flips on the rise again, but we also see the flipping trend trickling down to smaller investors who are completing fewer flips per year. The total number of investors who completed at least one flip in 2015 was at the highest level since 2007, and the number of flips per investor was at the lowest level since 2008.”

States with the biggest year-over-year increase of flips:

  • Connecticut (up 23 percent)
  • Oregon (up 21 percent)
  • Maryland (up 19 percent)
  • Illinois (up 18 percent)
  • New Jersey (up 17 percent)

image006

According to the report, in the San Francisco-Oakland-Hayward MSA, the 2015 flipping gross profit was reported at $145,000 with an ROI of 33.3 percent.

  • Median purchase price in 2015: $435,000
  • Percentage of total sales: 4.8 percent
  • Annual percentage change: negative 16 percent

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×