Good news for flippers: Total number of flips and gross profits have been increasing
A number of promising statistics from RealtyTrack show improvements of the house flipping market:
- Home flips ↑ 114% since 2011
- ↑ 16% since 2012
- In NJ avg gross profit $92,744, while the nation avg is $58,081
- Turnaround times down from 100 days to 84
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