Home flippers in the U.S. are seeing profits evaporate to levels not seen since the financial crisis, as surging acquisition costs squeeze margins even in traditionally hot markets.
U.S. housing markets most vulnerable to downturns this summer were concentrated in California, Florida, New Jersey, and Louisiana, according to ATTOM's second-quarter 2025 Housing Risk Report.
Now that the 2025 hurricane season has officially begun, according to NOAA, a new and growing concern is emerging for homeowners along the U.S. coast -- especially in an already tight housing market with historically low inventory.
According to national brokerage Redfin, U.S. homebuyers currently have the most options available since 2020. However, rising housing costs are deterring many from making purchases, making monthly mortgage payments increasingly difficult.