The data displays the housing markets with the biggest year-on-year change in house flips in the U.S. in 2017. The house flipping rate in Buffalo, New York was 34% higher in 2017 than in 2016. House flipping is a real estate term which refers to the practice of an investor buying property with the aim of reselling them for a profit. The investor either invests capital into each respective property in the form of renovations or simply resells the properties if home prices are on the rise.
Buffalo, New York | 34 |
New York-Northern New Jersey | 29 |
Dallas-Fort Worth, Texas | 23 |
Louisville, Kentucky | 22 |
Birmingham, Alabama | 17 |