Among 92 metropolitan statistical areas with at least 90 homes flipped in Q3 2016, those with the highest flipping rate were:

Memphis (11.0 percent)
Clarksville, Tennessee (9.5 percent)
Deltona-Daytona Beach-Ormond Beach (9.3 percent)
Tampa-St. Petersburg (9.3 percent)
Visalia-Porterville, California (9.3 percent)
York-Hanover, Pennsylvania (9.2 percent)
Lakeland-Winter Haven (9.0 percent)
Fresno, California (8.7 percent)
Miami (8.6 percent)
Las Vegas (8.2 percent)

Low Income Housing Doesn’t Impact Property Values

“As markets across the country stretch tight with low inventory and high selling prices, many homeowners fear, and even boycott, low-income housing. Specifically, homeowners are wary of the integration of HUD supported Low Income Housing Tax Credit (LIHTC) housing projects. Why? Some believe that these government supported homes may lower the values of properties nearby.

A new study powered by Trulia wipes these fears clean by setting the table with surprising news:  in the nation’s 20 least affordable housing markets, low-income housing built during a 10-year span shows no negative effect on nearby home values”

(via New Study Shows Low Income Housing Does NOT Impact Property Values | RISMedia’s Housecall)