Albuquerque Home Flips
Albuquerque Home Flips on the rise?
4% OF ALL U.S. SINGLE FAMILY HOME SALES IN FIRST QUARTER WERE FLIPS ACCORDING TO REALTYTRAC U.S. HOME FLIPPING REPORT!
RealtyTrac®, the nation’s leading source for comprehensive housing data, today released its Q1 2015 U.S. Home Flipping Report, which shows that 17,309 single family homes were flipped — sold as part of an arms-length sale for the second time within a 12-month period — in the first quarter, 4.0% of all single family home sales during the quarter. The share of homes flipped in the first quarter was the lowest since the second quarter of 2011, when 3.4% of all single family home sales were completed flips.