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Fewer Flips But Bigger Profits | Real Estate News
Home flipping cooled in Q1 with fewer deals—but those that closed hit bigger profits. Total flips dropped from 70,579 to 64,348, yet average gross profit jumped to $66K and ROI climbed to 25.4%. Investors may be getting smarter, negotiating better deals or cutting costs, though completion times stretched to 165 days. Financing use ticked up to 39%, adding risk. Georgia led in flip volume, while Pennsylvania and Louisiana topped returns—with PA investors raking in a 70% ROI. More flips don’t always mean more money. Listen in comfort:Get a discount on a Soli Pillow…
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