Property Play: Home flippers see smallest profits since the Great Recession, real estate data firm says
CNBC
The typical home flip netted investors just $65,981 in gross profit last year, or a 25.5% return on investment, according to real estate data provider ATTOM.
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Higher mortgage rates, high home prices and tight supply are all conspiring to squeeze investors in the home flipping play.
In all of 2025, roughly 297,000 single-family homes and condos were flipped nationwide, according to ATTOM, a real estate data provider, which defines a flip as a home purchased and sold in the same 12-month period. That was a decrease of 3.9% from 2024 and the lowest number of flips in any year since 2020. Investor flips accounted for 7.4% of all 2025 home sales, down from 7.6% in 2024.
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