III. Industry Analysis
Last year saw the largest increase in house flipping in 8 years. Over 200,000 single family homes and condos in the United States were flipped, up 2 percent from the previous year and the highest in over 10 years.
The number of homes flipped represented over 5% percent of all home sales in the nation.
While flipping activity rose, profit margins continued to rise as well.
The is projected to post solid growth over the next five years due to rising home prices, increased sales and greater construction combined with higher homebuyer demand. Furthermore, consumer spending will drive business expansion, and ensuing investor confidence in real estate will help raise commercial transaction volumes.
