Profit Margin on Home Flipping at 17-Year Low
Home-flip returns dropped to 25.1% in Q2, the lowest since 2008, as higher home prices raised purchase costs while sales levels held steady.
Recent Posts
New York developer pitches Fort Lauderdale’s tallest tower at 645 feet
Fortune, Château score $463M loan for St. Regis Sunny Isles
Developers snap up multifamily sites despite higher costs, overbuilding
Driftwood, Merrimac, MV Real Estate score $145M loan for Miami Riverside Wharf mixed-use project
Amendment 3 spells property tax break for homesteads. For renters? Not quite, study says
Todd Glaser, David Edelstein buying one of Palm Beach’s most-expensive estates for $160M
Mill Creek brings multifamily project to fast-growing Pompano Beach
E11even developer Marc Roberts fires off anti-Muslim email urging Floridians to protest Islamic centers
Mr C Boca developers Wexford and Key seek approval to upsize units
Jupiter waterfront mansion designed for Céline Dion trades for $13M
