Profit margin on flipping a home is at a 17-year low due to high prices
A for sale sign stands outside a residence in Wheeling, Ill., Dec. 16, 2024. (AP Photo/Nam Y. Huh, File)
LOS ANGELES (AP) — It pays less and less to buy and flip a home these days.
From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses. That’s the lowest profit margin for such transactions since 2008, according to an analysis by Attom, a real estate data company.
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