Home Flippers


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70 Cobb Road (Google Maps)
Tri-State

Hamptons-sized house flip: Estate asks $72M

One of the biggest Hamptons residential deals ever could soon be one of its biggest flips. The estate at 70 Cobb Road in Southampton is about to be listed for $72 million, Mansion Global...

Hamptons-sized house flip: Estate asks $72M
Chris Ward, California assembly member for the 78th District (Twitter/asmchrisward, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
National

Home-flip tax would punish the good guys

Just when you think politicians cannot get any more daft about housing, along comes Chris Ward. The California Assembly member wanted to give ordinary homebuyers a better shot at competing with home flippers, so...

Home-flip tax would punish the good guys
(Credit: iStock)
National Weekend Edition

Zillow reports $880M loss on failed home-flipping business

Listings giant Zillow lost more than $880 million on its failed home-flipping business in 2021, the company reported late last...

Zillow reports $880M loss on failed home-flipping business
Home flippers have seen return on investment plunge over the past three years (iStock)

TRD Insights: Home-flipping margins have nosedived

Home-flippers are busier than ever. They had better be, because their profit margins have been plunging for three years....

TRD Insights: Home-flipping margins have nosedived

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