The typical home flip netted investors just $65,981 in gross profit last year, or a 25.5% return on investment, according to real estate data provider ATTOM.
Business
·
Home flippers see smallest profits since the Great Recession, real estate data firm says
CN
CitrixNews Staff
Originally reported by CNBC. Read the full story at the original source.
Related Articles
Business
Hello Kitty maker cuts ties with Japanese spy drama after China backlash
Image source, Getty ImagesImage caption, Sanrio says it will strengthen review processes for future collaborationsByKoh ...
CitrixNews Staff
·
3 hours ago
Business
Microsoft posts $36.6bn profit after offering buyouts to one in four workers
Image source, Getty ImagesImage caption, Microsoft boss Satya NadellaByOsmond ChiaBusiness reporterPublished19 minutes a...
CitrixNews Staff
·
5 hours ago
Business
'I live with a ghost': Japan's haunted homes attract bargain hunters
Image caption, Ryua says that she shares her Tokyo apartment with a ghostByMichael FitzpatrickBusiness reporter, Reporti...
CitrixNews Staff
·
6 hours ago
Business
Fed Holds Rates Steady Despite Lack of Progress on Inflation
Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gatheri...
CitrixNews Staff
·
9 hours ago