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What to Know About Flipping a House

The real estate market is definitely an interesting roller coaster right now. From everything completely dropping off in March and April, two practically a total rebound in June, the real estate market in Snohomish County is doing quite well. And investors are also doing well as home flipping has reached a 14 year high.

According to ATTOM Data Solutions, a home-flipping report showed that 53,705 single-family homes and condominiums in the United States were flipped in the first quarter of 2020. That is 7.5% of all home sales in the nation up from 6.3% in the fourth quarter of 2019. Those of the highest numbers ever recorded since 2006.

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