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 »

Zombie Foreclosures Rise in Q4 - Real Estate Investing Today

The fourth quarter sees an increase in zombie foreclosures

News / Boston REIA

According to ATTOM Data’s Q4 2023 Vacant Property and Zombie Foreclosure Report, there were approximately 1.3 million vacant residential properties in the United States. This accounts for 1.27% of homes nationwide, or one in every 78 homes. The vacancy rate remained virtually unchanged from the previous quarter. The report also revealed that there were around

The fourth quarter sees an increase in zombie foreclosures 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 »

Boston Real Estate Investors Association

attom

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

The fourth quarter sees an increase in zombie foreclosures

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