According to their 2017 Q4 U.S. Home Flipping Report, ATTOM Data Solutions says that in 2017, 207,088 single family homes & condos were flipped representing their highest level since 2006. The 207,088 homes that were flipped in 2017 represented 5.9% of all single family home & condo sales in 2017, up from 5.7% of all sales in 2016 and represents the highest level since 2013.
“The surge in home flipping in the last three years is built on a more fundamentally sound foundation than the flipping frenzy that we witnessed a little more than a decade ago,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.