Flipped Home Profits Rise in 2013 over 2012
According to RealtyTrac, the average profit of the 156,862 single-family homes flipped in 2013 was $58,081, accounting for 4.6 percent of all U. S. single-family home sales in 2013. Flipped homes accounted for 7.1 percent of all sales in Q4 2012, the highest flip percentage since the survey began in …