Other highlights from the report include:
- Rounding out the top-five hottest neighborhoods were Brookland in Washington, DC and North Sunnyvale in San Jose.
- Among metros areas, San Francisco was the most lucrative flipping market in 2015, with an average gain of $216,000 per home, followed by San Jose at $174,800 and Long Island at $152,600.
- The smallest flipping gains in 2015 were seen in Las Vegas, Atlanta and Raleigh-Durham.
- When calculating the average gain compared to the original purchase price, flippers in Philadelphia, Chicago and Baltimore fared well. Gains in those cities were 73%, 70% and 67% higher than the original purchase price.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
