Home Flipping Declines Again Across U.S. In 2024 As Profits Remain Low

Top 10 Metros with Biggest Annual Percentage Point Increases in Home Flipping Returns in 2024

According to ATTOM’s Year-End 2024 U.S. Home Flipping Report, 297,885 single-family homes and condos were flipped nationwide in 2024, reflecting a 7.7% decline from 322,782 in 2023 and a 32.4% drop from the recent peak of nearly 441,000 in 2022. As highlighted in the report, the number of investor-flipped homes decreased, with the share of flips in total home sales dropping from 8.1% in 2023 to 7.6% in 2024. https://www.attomdata.com/wp-content…

Home Flipping Declines Again Across U.S. In 2024 As Profits Remain Low

ATTOM, a leading curator of land, property data, and real estate analytics, has released its year-end 2024 U.S. Home Flipping Report, which shows that 297,885 single-family homes and condos in the United States […] The post Home Flipping Declines Again Across U.S. In 2024 As Profits Remain Low first appeared on Mecklenburg Times: News for Mecklenburg, Union and Iredell counties.

Gross Profits on Home Flips on the Rise - The MortgagePoint

“While home flippers still seemed to be having difficulty timing the market for big profits, their margins at least stopped going in the wrong direction,” said Rob Barber, CEO at ATTOM.