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Flips Fly to Decade-High in 2016
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Home flips flew to a decade-high in 2016—and profits followed the flock. According to ATTOM Data Solutions' 2016 Year-End U.S. Home Flipping Report, flips rose 3.1 percent from 2015 in 2016, with gross profits averaging $62,624. "Home flipping was hot in 2016, fueled by low inventory of homes...
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