“Flipping,” the practice of buying, briefly holding and reselling a house within 6 months, is up 16% year-over-year in the Portland area, according to RealtyTrac. Nationwide, flipping is down 13 percent. On average they made a gross profit of around $84,000. Click on the link below for the full article from The Oregonian:
“Flipping” Houses Growing More Common in Portland