Flipped Homes Hit 2-Year Low

[Foster Algier]

ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, released its Q1 2017 U.S. Home Flipping Report last week, showing that 43,615 single family homes and condos were flipped nationwide in the first quarter of 2017. This reflects an 8% decrease from the previous quarter and a 6% decrease from a year ago to the lowest number of homes flipped since Q1 2015 - a two-year low.

Home flips in Q1 2017 accounted for 6.7% of all single family home and condo sales during the quarter, up from 5.8% in the previous quarter and unchanged from a year ago.

If you're in the business of wholesaling, does your experience reflect these changes?