According to ATTOM’s Q1 2025 U.S. Home Flipping Report, 67,394 single family homes and condominiums were flipped in the first quarter of 2025, accounting for 8.3% of all home sales from January through March. The report says the overall buying slowdown appears to be affecting home flippers – seeing their lowest quarterly number since 2018. In addition, they point out that returns have also been falling, with the typical flipped home netting a 25% ROI (before expenses) in Q1 of 2025. That was down from 28% in Q4 2024.
“The competitive home market means high prices, which is good for short-term investors on the selling end…But that dynamic is also making it harder to find under-priced homes to buy up and it’s ultimately squeezing profit margins for the industry….It’s tricky to balance at times when the market looks like it could take a downturn…Investors don’t want to buy a property when prices are high and then see them drop before they’re ready to sell.” Said said Rob Barber, CEO of ATTOM.
Click here to read the full report at ATTOM.