Saturday, September 25, 2021 11:37 pm

House flippers love Peoria

By Your Valley

Peoria has been rated among the top cities to flip a home, according to personal-finance website WalletHub.

The city was ranked no. 3 behind Sioux Falls, South Dakota and Missoula, Montana.


Gilbert came in at no. 9 to round out the top 10. Other Arizona cities included Glendale at 23, Tempe at 34, Phoenix at 35, Scottsdale at 43 and Mesa at 54.

“Flipping” is a real estate term for buying a property with the purpose of reselling it for a profit, which is generated through appreciation of the home’s value or repairs and renovations.

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