US investors flipped ~64K homes in Q1 2026, ~8% of sales; share ↑ from ~7% quarterly but ↓ from ~8% yearly overall.
Typical gross returns reached ~25%, marking the first quarterly gain in ~2 yr, while gross profits moved to ~$66K per typical flip.
Returns still sat below yearly levels of ~30%, so investors were urged to separate gross spread from net profitability before project costs carefully.
Cash remained dominant, funding ~61% of flipped homes; timelines reached a median 165 days, underscoring planning discipline for active operators in 2026.
Expert guidance emphasized flip viability over activity: buying right, screening weak deals, and protecting margin can add value in today's market conditions.