The Top Housing Markets For Home Flippers

Home flipping is currently at an 11-year high. Just over 207,000 homes have been flipped this year at an average profit of $68,100 per house. The key to house-flipping is knowing where to be and when. Discovering the next “hot neighborhood” just before it gets hot is the name of the game. Flipping homes has become very attractive to real estate investors all across the country.

Realtor.com ranked the 200 largest metros, according to the share of all home sales, that were considered flips (bought and resold within a 3 to 12 month period). Each state was allowed 2 cities for geographic diversity and only included markets with a profit of $30,000 or greater — just where home-flippers want to be.

Here were the top 8 markets:

1. Nashville, TN – Ratio of flips to home sales was 4.1% and the average flip profit was $87,200
2. Fresno, CA – Ratio of flips to home sales was 3.5% and the average flip profit was $53,200
3. Palm Bay, FL – Ratio of flips to home sales was 3.3% and the average flip profit was $71,500
4. North Port, FL – Ratio of flips to home sales was 3.3% and the average flip profit was $85,300
5. Baton Rouge, LA – Ratio of flips to home sales was 3.2% and the average flip profit was $70,000
6. Chattanooga, TN – Ratio of flips to home sales was 3.1% and the average flip profit was $65,800
7. Los Angeles, CA – Ratio of flips to home sales was 3% and the average flip profit was $169,400
8. Lubbock, TX – Ratio of flips to home sales was 2.7% and the average flip profit was $46,000

Kurt Galitski

Meet Kurt Galitski - The Kurt Real Estate Group, your new best friend. Distinctive Strategies that Deliver Record-Setting Results. When you combine Kurt’s passion and knowledge of the real estate market, you really gain an appreciation for what makes Kurt different. But what truly sets him apart from the crowd are his 5 distinctive strategies and his property management… For Kurt, getting into real estate was not an accident, it was a deliberate and calculated decision to deliver a better experience to home buyers, sellers, and landlords that they have ever received before. Today, you could ask any one of hundreds of clients, read his Yelp reviews, or look at his track record of being featured in Orange Coast Magazine in excess of eight consecu­tive years and you too will say mission accomplished. www.KurtRealEstate.com www.KurtPropertyManagement.com 877-957-6677

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