Boston Real Estate Investors Association

Flipping Activity Continues to Drop While Profits Continue to Rise

Despite profits continuing to rise, the activity of flipping has seen a decline.

The latest U.S. Home Flipping Report from ATTOM reveals that in Q3, 2023, a total of 72,543 single-family houses and condominiums were flipped, accounting for 7.2% of all home sales during that period. ATTOM also reports that investor returns have been increasing for the past three quarters, with margins and raw profits reaching their highest […]

Despite profits continuing to rise, the activity of flipping has seen a decline. Read More »

Foreclosure Activity Rises by 28% in the Third Quarter of 2023

News / Boston REIA

According to the ATTOM Data’s Q3 2023 U.S. Foreclosure Market Report, the number of U.S. properties with foreclosure filings (default notices, scheduled auctions, or bank repossessions) has increased by 28% from Q2 and 34% from the previous year. In September alone, there were 37,679 U.S. properties with foreclosure filings, which is an 11% increase from

Foreclosure Activity Rises by 28% in the Third Quarter of 2023 Read More »

Redfin Says Investors Pulled Back, Bought 45% Fewer Homes Than One Year Ago

According to Redfin, there has been a decrease in investor activity as they bought 45% fewer homes compared to the previous year.

News / Boston REIA

A recent report from Redfin reveals that investor home purchases in Q2 2023 experienced a significant decline of 45% compared to the previous year, marking the largest drop since 2008. This decline in investor purchases surpassed the overall decline in home sales, which stood at 31%. The report also highlights that investor market share has

According to Redfin, there has been a decrease in investor activity as they bought 45% fewer homes compared to the previous year. Read More »