Axios: Philly Metro Remains A Hotbed For House-Flippers

Axios, April 22, 2024, Philly Metro Remains A Hotbed For House-Flippers

Flipped houses made up nearly 8% of home sales in the Philly metro last year, according to a recent report by real estate data firm ATTOM.

Why it matters: While house-flipping can improve conditions in some of Philly’s most blighted neighborhoods, some say the practice primarily benefits developers and fuels gentrification.

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