Home Flipping Profits Decline for Two Consecutive Years
The Q2 2026 U.S. Home Flipping Report from ATTOM shows a continued decline in home flipping profits and activity over the past two years. The typical profit margin dropped to 21.5 percent, down from both the previous quarter (25.7%) and year-ago period (27.6%). Gross profits also fell to $60,526 compared with $66,932 in Q1 2026 and $71,000 a year earlier. The flipping rate—defined as the percentage of all home sales that were flips—decreased from 8 percent in the previous quarter to 6.2 percent nationwide. While some markets like Columbus (GA) and Cleveland (OH) maintained high flipping rates above 10%, others such as Seattle, Washington D.C., and Portland saw much lower activity. Flippers are still generating returns but at a slower pace than before. The report highlights regional disparities in performance with cities like Pittsburgh showing strong margins while places including Dallas, Austin, Houston, and Salt Lake City reported very low or even negative returns.
Topics: ATTOM data flipping trends profit margins real estate