The data displays the housing markets with the biggest share of sales made up by flips in the U.S. in 2016. Tampa, FL was the the housing market with the third biggest share of flips with 8.4% of all home sales being flips. 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.
Las Vegas, NV | 10.5 |
Deltona-Daytona Beach-Ormond Beach, FL | 9 |
Tampa, FL | 8.4 |
Memphis, TN | 8.2 |
Fresno, CA | 8.2 |
Nashville, TN | 8.1 |
Fort Lauderdale, FL | 8 |
Atlanta, GA | 7.9 |
Knoxville, TN | 7.6 |
Tacoma, WA | 7.6 |