Home Flipping Transactions Down in 2023, Profits Up

84,350 single-family homes and condominiums in the United States were flipped in the second quarter of 2023. Those transactions represented 8 percent, or one of every 13 home sales, during the months running from April through June of 2023.

Single Family Rent Growth in U.S. Drops to 3-Year Low in July

Based on CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas, U.S. rent growth continued to relax year over year in July, falling to 3.1%.

Investor Home Buying Dives 45 Percent Annually in the U.S.

Based on a new report by national property broker Redfin, investor home purchases fell 45% from a year earlier in the second quarter of 2023, outpacing the 31% drop in overall home sales.

Hurricane Idalia Threatens 800,000 Homes Along Florida's Gulf Coast

Based on new data from CoreLogic, there are 808,321 single-family and multifamily homes along the Florida Gulf Coast with a reconstruction cost value (RCV) of approximately $238.4 billion are at potential risk of storm surge damage from Hurricane Idalia.

Tallahassee Property News

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