ATTOM Data Solutions reported that 68,999 U.S. single-family homes and condos were flipped in Q4’25, a decline of 7.4% year-over-year, according to its own release. Gross profit (the difference between the median purchase price paid by investors and the median resale price) on a typical flip declined from $74,076 in Q4’24 to $62,000 in Q4’25. Gross return on investment stood at 23.6% in Q4’25, its lowest level since Q3’07.