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Rehabbing & House Flipping

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Taylor Green
  • Vancouver
6
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159
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Definition of 'velocity'?

Taylor Green
  • Vancouver
Posted Sep 1 2013, 05:49

Hi,

I have just been reading thru old posts and I have tried finding out what makes a good market for rehabbing and flipping. Is it the same criteria for a good rental market?

Anyways, I have seen a couple posts mentioning 'the velocity of the market' is what makes a good house flipping location. I was hoping somebody could explain to me what velocity means in real estate terms and also, hopefully, what makes a good market for flips? Thanks.

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