DS News

July 2016 - Taming the Threat

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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96 96 96 THE BIG FINISH WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS TOP 10 MARKETS WITH THE HIGHEST SHARE OF FLIPPED HOMES DS News tracks the latest and most relevant industry surveys and data to keep you in the know. This month, we are examining the 10 markets around the country with the highest share of flipped residential homes in the first quarter of 2016. While overall flipping activity in Q1 was down considerably from its peak 11 years ago, opportunities remain for flippers in several markets. MEMPHIS TENNESSEE 8.80% $38,466 $56,500 $46,850 $69,189 $60,000 $52,500 $48,500 $44,500 $53,500 $58,800 8.43% 7.54% 7.38% 6.85% 6.80% 6.80% 6.74% 6.60% 6.60% FRESNO CALIFORNIA LAKELAND-WINTER HAVEN FLORIDA VIRGINIA BEACH-NORFOLK VIRGINIA MIAMI FLORIDA TAMPA FLORIDA ORLANDO FLORIDA DAYTONA BEACH FLORIDA FORT LAUDERDALE FLORIDA PALM BAY-MELBOURNE FLORIDA SHARE MEDIAN GROSS PROFIT Source: CoreLogic

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