The home-flipping rebound is for real as profits jump after a bleak stretch, real estate tracker says

• Home-flipping margins and profits hit their highest level since mid-2022, ATTOM reported.
• Gains in home prices this year helped boost the values of flipped properties.
• "The comeback for the home-flipping industry is looking more like a real trend than a temporary break in what had been a pretty bleak couple of years."

Home-flipping activity dropped again in the third quarter, but margins reached their highest level since mid-2022, ATTOM reported.