Report: FoCo, Greeley see big declines in house flipping returns
Between the first quarter of 2019 and Q1 of 2020, profit margins for house flippers declined faster in Fort Collins and Greeley than any other cities in the nation, according to a report from real estate research firm ATTOM Data Solutions.
Return on investment dropped 78% over the year in Fort Collins and was down 73% in Greeley.
Profit margins decreased from the first quarter of 2019 to the first quarter of 2020 in 75 of the 140 metro areas with enough data to analyze, according to the 2020 U.S. Home Flipping Report.
“Home flipping…
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