According to National Mortgage News, nearly 54,000 homes were flipped in the second quarter of this year. Investors profited an average of $67,516 per property and had nearly a 50% return on investment, according to Attom Data Solutions.

While the return on investment has declined nationwide for three quarters in a row, some cities still have a strong flip market. Others should likely be avoided.

Here’s a list of the five best and the five worst cities for house flipping in the second quarter:

5 Best:

 #5: Cleveland, OH

#4: Harrisburg, PA

#3: Philadelphia, PA

#2: Baton Rouge, LA

And the best city for flipping homes…

#1: Pittsburg, PA, with a return on investment of 146.6%.

5 Worst:

#5: San Francisco, CA

#4: San Jose, CA

#3: Austin, TX

#2: Boise, ID

And the worst city for a flip…

#1: Honolulu, HI, with only a 17.8% return.

Questions? Contact David Krushinsky Today!
  • David Krushinsky

    David Krushinsky

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    NMLS# 202115

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    David Krushinsky

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    Peoria, AZ 85382
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    NMLS# 202115

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