North Texas is still one of the top U.S. Markets for Home Flips
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The best and worst places to flip a home in the U.S.
Dallas-Fort Worth has landed on the list of top U.S. metro areas for home flippers.
Despite record house prices and a shortage of properties on the market, nationwide home flips are up 23% this year, according to a new study by Realtor.com.
D-FW ranked third behind Columbia, S.C., and Phoenix on Realtor.com’s list of best places to flip a home.
The median profit for a local home flip is $71,383 — up 6.6% from last year, according to the study.
That’s ahead of two-thirds of U.S. metro areas where flip returns are down this year. Nationwide profits are the lowest in more than a decade.
Read the full Dallas Morning News article HERE.
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