ALEX Intelligence just published its analysis of ATTOM‘s “3rd quarter 2024 Home Flipping Report. Of the 4 largest Texas Metro Areas, the Gross Profit Margins BEFORE renovation, repair, marketing and closing expenses ranged from 4.5% to 6.9!
“…Metro areas with a population of at least 1 million and the lowest returns on typical home flips in the third quarter of 2024 were Austin, TX (4.5 percent); Honolulu, HI (5.9 percent); Houston, TX (6.2 percent); San Antonio, TX (6.6 percent) and Dallas, TX (6.9 percent)…”
| City | Percentage |
|---|---|
| Austin | 4.5% |
| Houston | 6.2% |
| San Antonio | 6.6% |
| Dallas | 6.9% |
If you want more information or want to discuss, I am always here. Just call or text me at 713.591.9902. Diane
ALEX knows more about Texas real estate, the data, research and analysis than just about anybody.
If you have any questions, I am always here. call or text me at 713.591.9902. Diane
Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate
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