Here are the 20 metro areas with the most flipped homes
There is a smarter way to approach here metro areas most, and it starts with knowing a few key details. This guide covers them, along with tips you can apply immediately.
Key Takeaways
- Before you blow your life savings on purchasing that fixer-upper, though, it might assist to know where people are flipping , and, more importantly, purchasing , homes in 2017.
- Phoenix, Arizona County: Maricopa Metro Area: Phoenix-Mesa-Scottsdale, AZ Number of Homes Flipped: 2,116 Average Flipping Profit: $54,787 2.
- Worth noting: los Angeles, California County: Los Angeles Metro Area: Los Angeles-Long Beach-Anaheim, CA Number of Homes Flipped: 1,404 Average Flipping Profit: $135,000 3.
- Las Vegas, Nevada County: Clark Metro Area: Las Vegas-Henderson-Paradise, NV Number of Homes Flipped: 1,207 Average Flipping Profit: $55,600 4.
A Closer Look at Here Metro Areas Most
The art of house-flipping is on the rise thanks to the popularity of reality TV demonstrates like HGTV’s “Flip or Flop.” If you’re handy with a toolbelt and don’t mind weeks of manual labor, you might be thinking, I can do that. Top 20 metro areas with the most flipped homes Thanks to a recent study by ATTOM Data Solutions, we’ve compiled a list of the top 20 US metro areas with the most flipped homes in Q2 of 2017 and listed them by county data, so you can plan your project accordingly.
Chicago, Illinois County: Cook Metro Area: Chicago-Naperville-Elgin, IL-IN-WI Number of Homes Flipped: 922 Average Flipping Profit: $95,000 5. Fort Lauderdale, Florida County: Broward Metro Area: Miami-Fort Lauderdale-West Palm Beach, FL Number of Homes Flipped: 863 Average Flipping Profit: $75,000 6.
What to Know About Here Metro Areas Most
More importantly, miami, Florida County: Miami-Dade Metro Area: Miami-Fort Lauderdale-West Palm Beach, FL Number of Homes Flipped: 794 Average Flipping Profit: $80,000 7. Palm Beach, Florida County: Palm Beach Metro Area: Miami-Fort Lauderdale-West Palm Beach, FL Number of Homes Flipped: 681 Average Flipping Profit: $69,200 8.
Tampa, Florida County: Pinellas Metro Area: Tampa-St. Petersburg-Clearwater, FL Number of Homes Flipped: 642 Average Flipping Profit: $69,900 9.
How Here Metro Areas Most Really Works
Remember that riverside, California County: Riverside Metro Area: Riverside-San Bernardino-Ontario, CA Number of Homes Flipped: 631 Average Flipping Profit: $75,500 10. San Diego, California County: San Diego Metro Area: San Diego-Carlsbad, CA Number of Homes Flipped: 604 Average Flipping Profit: $85,000 11.
Clearwater, Florida County: Hillsborough Metro Area: Tampa-St. Petersburg-Clearwater, FL Number of Homes Flipped: 604 Average Flipping Profit: $60,000 12.
Getting the Most From Here Metro Areas Most
As a rule, ontario, California County: San Bernardino Metro Area: Riverside-San Bernardino-Ontario, CA Number of Homes Flipped: 551 Average Flipping Profit: $75,500 13. Houston, Texas County: Harris Metro Area: Houston-The Woodlands-Sugar Land, TX Number of Homes Flipped: 546 Average Flipping Profit: $48,888 14.
Orlando, Florida County: Orange Metro Area: Orlando-Kissimmee-Sanford, FL Number of Homes Flipped: 528 Average Flipping Profit: $64,000 15. Louis, Missouri County: Saint Louis Metro Area: St.
Tips That Make a Difference
In short, louis, MO-IL Number of Homes Flipped: 526 Average Flipping Profit: $47,000 16. Philadelphia, Pennsylvania County: Philadelphia Metro Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Number of Homes Flipped: 521 Average Flipping Profit: $78,046 17.
Dallas, Texas County: Dallas Metro Area: Dallas-Fort Worth-Arlington, TX Number of Homes Flipped: 505 Average Flipping Profit: $59,133 18. Memphis, Tennessee County: Shelby Metro Area: Memphis, TN-MS-AR Number of Homes Flipped: 487 Average Flipping Profit: $41,500 19.
Common Mistakes to Avoid
Worth noting: arlington, Texas County: Tarrant Metro Area: Dallas-Fort Worth-Arlington, TX Number of Homes Flipped: 444 Average Flipping Profit: $46,161 20. Detroit, Michigan County: Wayne Metro Area: Detroit-Warren-Dearborn, MI Number of Homes Flipped: 442 Average Flipping Profit: $37,500 [anvplayer video=”4163658″ station=”998267″] More from Credit.com How Renting Can Impact Your Credit How to Negotiate the Best Price When Purchasing a Home This article originally appeared on Credit.com.
Frequently Asked Questions
How can I save money on here metro areas most?
Compare prices across a few retailers, look for active coupon codes, and time bigger buys around sales events. Top 20 metro areas with the most flipped homes Thanks to a recent study by ATTOM Data Solutions, we’ve compiled a list of the top 20 US metro areas with the most flipped homes in Q2 of 2017 and listed them by county data....
Is it worth shopping around for here metro areas most?
Usually yes. Chicago, Illinois County: Cook Metro Area: Chicago-Naperville-Elgin, IL-IN-WI Number of Homes Flipped: 922 Average Flipping Profit: $95,000 5.
What should I check before buying?
Read the terms, confirm any code still works, and factor in shipping or returns. Fort Lauderdale, Florida County: Broward Metro Area: Miami-Fort Lauderdale-West Palm Beach, FL Number of Homes Flipped: 863 Average Flipping Profit: $75,000 6.
Smart Ways to Save More on Here Metro Areas Most
- Sign up for the retailer newsletter to catch first time and seasonal discounts.
- Compare the final price including shipping, not just the headline number.
- Check for student, military, or first order offers you may qualify for.
- Time non urgent purchases around major sale events for the deepest cuts.
- Leave items in your cart for a day; some stores send a follow up discount.
Final Thoughts
The bottom line on here metro areas most: a little research goes a long way. Compare your options, watch for seasonal offers, and never pay full price when a better deal is a click away.
Originally published at clark.com.
SnaggyCodes Editorial Team
Our editorial team researches and verifies every money-saving guide before publishing. Editorial policy · About us