House flipping is back and growing in the East Valley

By Wayne Schutsky | East Valley Tribune

The residential house-flipping market is active in pockets throughout the East Valley, with much of the activity driven by motivated investors providing inventory for the first-time homebuyer market.

The volume of flipped homes in the East Valley was up 23 percent between July 2016 and July 2017, which is 3 percent higher than the activity bump in the Phoenix Metro as a whole, according to information provided by Tina Tamboer, senior research analyst at The Cromford Report.

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