With U.S. home prices on the rise, flipping homes is back in vogue. Research firm RealtyTrac ranks the cities where flippers — who buy a home, renovate it and then sell it within six months — can get the most bang for their buck. Half of the areas are in the Sunshine State, which was one of the places hardest hit by the housing crisis.
No. 10: Tucson (tie) Flippers saw a gross return of 34 percent on a house that they bought, renovated and sold again. Last year, 1,071 single-family homes were flipped in Tucson, according to RealtyTrac. Jon Hayt/AP Buy Photo