Fix-and-flip real estate investors are pulling back

Fix-and-flip real estate investors are pulling back

Just 30% of flippers reported "good" sales in the second quarter of this year compared to the seasonal norm, down from 38% in the same quarter of 2024.

Labor shortages and high costs are causing fix-and-flip investors to pull back

The once-hot fix-and-flip housing market is cooling as higher interest rates, rising costs, and a shrinking labor pool slow sales and strain returns, CNBC writes.  A new index from John Burns Research and Consulting and lender Kiavi shows investor sentiment fell in the second quarter, with sales lagging and competition for deals softening. Just 30% of flippers reported “good” sales compared with 38% a year earlier, as longer days-on-market tied …