This is due to all the foreclosures that have been tied up in land court since the pandemic. 

After the pandemic-fueled housing boom cooled somewhat in 2023-2024, the market has found a new equilibrium that presents interesting dynamics for flippers.Key statistics worth noting:- Median home prices have stabilized around $450,000, representing a 3.5% increase year-over-year- Average days on market: 42 (up from the frenzied 12-15 days seen in 2021-2022)- Inventory levels have increased by approximately 25% compared to early 2023Where to Find Flipping Growing NeighborhoodsSeveral Phoenix neighborhoods are showing particularly strong potential for profitable flips:1.

i found in my build projects that started just before and continued through the pandemic prices rose. everything but lumber became sticky IE they rose but did not fall..

We exited both markets, louisville because of mandating section 8 housing after Covid and just the way they handled evictions and pyments during the pandemic.

This is why many short-term rentals in Las Vegas were sold during the COVID-19 pandemic.

14 Jan 2025Maggie Switek, Brock Smith, and Abigail HumphreysWith inflation easing and the US economy experiencing continued growth, the turbulence triggered by the COVID-19 pandemic is now largely behind us.

The underlying holdings are commercial which could be a pain point for lenders.If RE agents do what they do best--manipulate the markets-- we'll see Q2 in 2025 and 2026 get overcrowded with supply in areas that are already trending back to pre-pandemic levels. 

Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).

I don't expect millions for pennies, in fact, I resisted going up on my tenants rent during the pandemic since they have to pay all utilities.

When the pandemic hit and landlords across the country feared the worst (cue the “no rent” movement), REI Nation really stepped up.