Home flippers earned a 30.2 percent gross profit nationwide before expenses on homes sold during the first quarter of 2024, up from 27.7 percent in the fourth quarter of 2023. This is according to real estate data firm ATTOM.
Home flipping activity also went up. NTD spoke to Todd Teta, chief product and technology officer at ATTOM, to see what cities people are getting the best return on investment for flipping homes.