SFR, fix-and-flip sectors are in a ‘bit of a malaise’
Housing Wire
OCTOBER 17, 2023
Barber added that, unfortunately, the current profit-margin mark “could easily be wiped out by flipping carrying costs — mainly mortgage payments, renovation costs and property taxes.” The National Association of Home Builders estimates that 69,000 BFR homes started construction last year, up 33% year over year.
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