House flipping is on the rise in the Dallas-Fort Worth area, up 13 percent since last year, according to The Dallas Morning News.

There are more than 50 U.S. markets where home flipping is seeing an upward trend, and Dallas is one of them. There were 1,379 flips in the DFW area during the second quarter, making us ninth on the national scale. And guess how much home flippers made? The flipped homes sold for an average of $229,824, with an average profit of $51,824.

Not bad, Dallas-Fort Worth. Not bad at all.

Read the rest of the Dallas Morning News’ story for more details.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: