Despite economic uncertainties, the real estate market continues to present abundant opportunities for investors. According to Zillow, home values in the US are up 18.2% year over year. Compare this to the S&P 500 and NASDAQ Composite – which are down 16.7% and 25% respectively – and it becomes clear that real estate is holding up far better than most other assets. Investors have taken notice, and demand for real estate has never been higher — especially for fix and flip properties. In fact, houses are being flipped at a higher rate than any time in the last 20 years. And with good reason – according to ATTOM, the average house flip returns a gross profit of $67,000 and an ROI of 26%. Landshare, a tokenized real estate platform on the Binance Smart Chain, has already sold tokenized real estate to investors from over 30 countries around the world via the first-ever real estate offering on Binance Smart Chain. Now, they intend to bring house flipping to the masses with their new feature, Tokenized House Flipping. What is House Flipping? House flipping is when an investor buys a property, performs renovations, then re-sells it for a profit. When done properly, renovations add more value to the home than they cost to perform – for example, a fresh coat of paint and new flooring is inexpensive but can make a worn-down room look brand new. House flipping is the perfect solution for short-term investors, as it g...
MakerDAO announces launch of two new tokens
