Flipped-home sales fell in the first quarter, though profit margins recovered slightly from recent lows, newly released data indicates.
Roughly 64,348 single-family homes and condos were flipped during the first three months of 2026, accounting for about 8% of total U.S. home sales during that period, according to Attom. That so-called “flipping rate” was higher than the 7.2% seen in the fourth quarter of 2025, but lower than the 8.2% rate posted a year ago.
Amid challenging resale conditions, however, the number of flipped homes that sold during the first quarter was 7.7% lower than the fourth quarter and 8.8% lower than year-ago levels, said the real estate analytics firm, which published its quarterly home-flipping trends report Thursday...