Home Flipping Is Attracting More Competition But Generating Less Profit
Pro Builder
DECEMBER 21, 2021
Home Flipping Is Attracting More Competition But Generating Less Profit. As price growth decelerates at the end of the year, investors are struggling to turn a profit on home flips. Average gross profit on home flips dropped 1.6% Yet the average gross profit on a flip was just under $69,000 in the third quarter, down 1.6%
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