Fix-and-flip market shows signs of strain as mortgage rates climb
One in five flippers reported selling their homes “mostly below” estimated after-repair values, up from 17% in the previous quarter.
One in five flippers reported selling their homes “mostly below” estimated after-repair values, up from 17% in the previous quarter.
BELLINGS Intelligence Score: 15
Why it matters
The rising mortgage rates causing strain in the fix-and-flip market is a notable development within real estate credit but represents routine market dynamics rather than a structural shift or systemic event.
Sources
HousingWire
Fix-and-flip market shows signs of strain as mortgage rates climb
One in five flippers reported selling their homes “mostly below” estimated after-repair values, up from 17% in the previous quarter.