The document summarizes data from RealtyTrac on the 25 most profitable housing markets in the US for house flipping in 2012. It provides the metro area, number of single family home flips, percentage change from the previous year, average purchase price, average flipped sale price, gross profit per flip, and percentage gross profit change. Markets like Orlando, Las Vegas, and Phoenix topped the list with gross profits per flip of $64,976, $70,747, and $63,762 respectively.

2. Most Profitable Markets for Flipping HousesMost Profitable Markets for Flipping Houses
When the housing market crashed in 2008 many people blamed
house flipping as the primary reason for the home market's
demise. While flipping did play a role, it was later revealed that
many of the banks that extended mortgages may well have dealt
the crushing blow to the market.
Flipping houses is back and this time lending is different. The
economic climate is different but profits are still the name of the
game.
RealtyTrac selected what they feel are the top markets nationally
that offer investors the highest return on their investment. The
ratings are based on gross profit or the difference between the

3. 25 Most Profitable Markets by Gross Profit
Metro Area 2012 SFR Flips Ann % Change Gross Prof it Gross Prof it % Ann Change
Orlando, FL 1,912 35% $103,701 $168,677 $64,976 63% 12%
Las Vegas, NV 4,341 -21% $133,198 $203,945 $70,747 53% 24%
Phoenix, AZ 10,589 6% $146,528 $210,290 $63,762 44% 33%
Tampa, FL 3,033 31% $79,538 $113,676 $34,138 43% 9%
Memphis, TN 1,331 32% $68,318 $96,870 $28,552 42% 13%
Miami, FL 4,299 36% $138,064 $189,291 $51,227 37% 16%
Lakeland, FL 660 73% $68,444 $93,715 $25,271 37% 14%
Nashville, TN 1,230 65% $108,851 $146,872 $38,021 35% 9%
Sarasota, FL 999 79% $116,783 $156,983 $40,200 34% 13%
Tucson, AZ 1,071 12% $117,338 $156,685 $39,347 34% 16%
San Diego, CA 2,853 36% $299,098 $384,812 $85,714 29% 14%
San Jose, CA 1,166 1% $422,526 $525,767 $103,241 24% 18%
Sacramento, CA 3,772 23% $172,442 $212,148 $39,706 23% 15%
San Francisco, CA 2,815 17% $354,712 $435,018 $80,306 23% 15%
574 45% $333,948 $404,374 $70,426 21% 11%
Inland Empire, CA 6,188 5% $175,756 $212,493 $36,737 21% 16%
Modesto, CA 882 -6% $125,601 $150,341 $24,740 20% 18%
Santa Rosa, CA 527 47% $285,344 $338,903 $53,559 19% 16%
Bakersf ield, CA 1,042 23% $114,357 $133,237 $18,880 17% 18%
Santa Rosa, CA 1,547 -20% $105,412 $121,748 $16,336 15% 22%
Seattle, WA 1,639 -9% $232,389 $266,916 $34,527 15% 12%
Stockton, CA 1,152 4% $167,393 $189,769 $22,376 13% 14%
Vallejo, CA 739 -9% $197,949 $223,711 $25,762 13% 13%
Denver, CO 3,842 7% $191,634 $210,375 $18,741 10% 10%
Detroit, MI 3,405 -3% $74,229 $80,391 $6,162 8% 18%
Avg Purch Price Avg Flipped Price
Ventura County, CA
Source: www.RealtyTrac.com

4. Contact Us