Some 7.2 percent of Baltimore-area home sales in 2016 were “flipped,” ranking 19th in the U.S. and above the national average. According to new research from Trulia, a combination of rising home prices and a stronger labor market have helped push home-flipping numbers to their highest levels in a decade. Approximately 6.1 percent of all home sales in 2016 qualified as a “flip,” defined as the purchase of a house at a market rate and the subsequent sale of the same property at a higher price due…
from http://www.bizjournals.com/baltimore/news/2017/01/25/baltimore-was-among-the-top-20-markets-for-home.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/156361549142
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