A new generation of Hollywood house flippers - including and - are raking in millions by egular investors in the US are also keen to make some extra cash, with the number of properties flipped last year shooting up 14 percent to a 17-year-high of 407,000, research by data provider ATTOM revealed. Mortgage rate increases and high - which has pushed up renovation costs by between 20 and 35 per cent - means the average profit pocketed per home has dipped to $67,900.
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