Home flipping volumes in Florida fall as ROI rises

7 August 2015

According to a recent RealtyTrac survey, home flipping in Florida is falling. There were a total of 5,231 home flips in 2015 which accounted for 7.7 percent of home sales. That result represents a 6.6 percent drop year-over-year and a 8 percent drop quarter-over-quarter. On the other hand, the gross return on investment for such investments has actually increased, from a 34.9 percent ROI in 2014 to 35.5 percent in Q2 of this year. Nationally Missouri, New Hampshire, Georgia, Nevada and California had the biggest drops, with Missouri dropping 55.1 percent.

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