State-by-state look at U.S. home flipping in Q1 2026, where 64,348 single-family homes and condos were flipped nationally at a 25.4% return on investment and average gross profit of $66,000. Top flipping markets by rate included Georgia (11.1%), Ohio (10.8%), Texas (9.9%), Missouri (9.6%), and Utah (9.3%), with investor returns improving after several quarters of decline.
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