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ATTOM released its first-quarter 2022 U.S. Home Flipping Report showing that home flips are up in the first quarter, while profits have sunk to a 13-year low.  The report shows 114,706 single-family houses and condominiums in the United States were flipped in the first quarter, representing 9.6% of all home sales, or one in 10 transactions. This marks the highest level of home flips since at least 2000, up from 6.9%, or one in every 4 home sales in the nation during the fourth quarter of 2021. 

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New Jersey is actually one of the best places to flip a home right now, and the numbers from a recent report shouldn't throw people off.

/PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its year-end 2021 U.S. Home Flipping Report,...

The number of homes and condos purchased, renovated, and resold last year increased 26% from a year earlier to its highest level in 16 years, according to a new report on home flips.