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House flipping can be a lucrative business, but especially if you choose the right location. Joybird, a handcrafted furniture company, analyzed 11 factors in real estate markets across the United States to uncover the best locations to maximize the return on your investment in flipping houses. The factors used were determined using data from Zillow, Redfin, the U.S. Bureau of Labor Statistics and more. They include:median home pricethe average price of fixer-upper homesnumber of fixer-upper homesmedian days on the markethome flipping gross ROIproperty tax rateaverage kitchen remodeling costaverage bathroom remodeling costnumber of real estate agentsnumber of construction managersnumber of construction laborersFive out of the top 10 states on Joyride's final ranking are located in the South, indicating this region of the United States is ideal for home flipping.
Organizations: U.S . Bureau of Labor Statistics Locations: United States, Zillow
Hot pink made waves when Italian designer Elsa Schiaparelli released her own iteration, called “Shocking pink,” in the mid-1930s. The original Barbie doll didn’t even wear pink when it first debuted in 1959, wearing, instead, a black and white chevron bathing suit. Barbie’s pink shades evolved over the years, and in 2008 the vibrant “Barbie Pink” became an official Pantone color. Gifty Walker, Joybird’s director of merchandising and sourcing in Los Angeles, noted that Joybird had a hot pink couch that was popular in 2016. Now hot pink is back and customers are using it to eschew traditional neutrals like grays, browns, and tans.
Persons: wasn’t, Elsa Schiaparelli, Barbie, , Kim Culmone, Pink ”, Barbie Dreamhouse, Gifty Walker, Joybird, Walker Organizations: Mattel Locations: Los Angeles
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