Thursday, May 7, 2015

Thank You Janet Yellen: The Top Ten Markets for Profitable Mad House Flipping

Crazed Fed money printing is bringing back crazed house flipping.

Baltimore topped the list among metropolitan statistical areas with at least 50 completed single-family home flips in the first three months of the year. There, flippers reaped a 94.1 percent gain, calculated as average gross profit as a percentage of the average original home-purchase price.

The overall average return on U.S. flips completed last quarter was 35.1 percent, according to RealtyTrac.


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