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.
