Total housing units: 932,729
Single family flips: 1,912
Average pre-flip purchase price: $103,701
Average flipped price: $168,677
Like the other metros on the list, Orlando's high flip profits come from a combination of low housing inventory, climbing prices, and interest from foreign investors.
Even as the flip market grows, its unlikely that 2012's huge resale profits in these cities are sustainable. Foreclosures are dwindling nationwide, and home prices will eventually stabilize, bringing resale margins into the more usual 20-30 percent profit range.
