Home flippers see smallest profits since the Great Recession, real estate data firm says

Higher mortgage rates, elevated home prices and tight supply are squeezing returns for house-flipping investors by increasing financing and holding costs and compressing profit margins. That combination is likely to reduce flipping activity and weigh on related private returns and publicly traded homebuilding/renovation equities.

Analysis

Higher mortgage rates, elevated home prices and tight supply are squeezing returns for house-flipping investors by increasing financing and holding costs and compressing profit margins. That combination is likely to reduce flipping activity and weigh on related private returns and publicly traded homebuilding/renovation equities.