Home Flipping Profits See First Increase After Seven-Quarter Slump

The nationwide analysis from ATTOM reveals that 64,348 single-family homes and condominiums were flipped between January and March, representing 8 percent of all home sales. While this activity marks an increase from the 7.2 percent rate seen in the final quarter of 2025, it remains lower than the 8.2 percent recorded during the same period last year. Gross profits for investors averaged $66,000, a slight improvement over the $64,300 reported in the previous quarter but still shy of the $74,172 benchmark from early 2025.

Rob Barber, CEO of ATTOM, noted that while the market is significantly more competitive than during peak profit years, the recent gains suggest a shift toward stability. Success, however, remains highly localized. Investors in markets like Pittsburgh and Buffalo saw robust returns, whereas major Texas hubs—including Austin, Dallas, and San Antonio—struggled with thin margins, some dipping as low as 2 percent. Furthermore, the time required to complete a flip has crept up to 165 days, reflecting the ongoing complexities of the current housing environment.