House Flipping ROIs Cool, Price and Competition Hot

·3 min read

According to the Q2 2021 U.S. Home Flipping Report from ATTOM Data Solutions, profit margins are at a 10-year low for home flippers. The typical gross profit in the second quarter was $67,000 -- a mere 33.5% ROI compared to the original purchase price. According to ATTOM, it's the "lowest point since the first quarter of 2011, when the housing market had yet to start recovering from a price slump brought on by the Great Recession in the late 2000s."

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