
Boston Home Flippers Saw More Money, Smaller Profits Than Peers
Local home flippers are out-earning their peers in other parts of the country, but their raw profits represent a much smaller share of their projects’ final sale prices.
Local home flippers are out-earning their peers in other parts of the country, but their raw profits represent a much smaller share of their projects’ final sale prices.
America is facing a significant housing shortage, especially at entry-home level. And unnoticed by most, America’s mom-and-pop investors are quietly leading the charge in fixing this.
The share of flips among second-quarter home sales was up in Greater Boston, according to a new report, but flippers’ return on investment was down significantly over 2021.