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Real Estate Investors Lost Money on 13.5% of Home Sales in March

The boom for fix-and-flip investors seems to have gone quiet. So reports Moneywise.

redfinAccording to data from Redfin, real estate investors took a loss on 13.5% of homes they sold nationwide in March, up from 4.8% a year ago but down from a bleak 14.5% in February.

The market where investors most often lost money was Phoenix, at 30.7%.

Read the full article from Moneywise.

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