17 US cities where people are flipping houses like crazy

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Home Flips Hit 10-Year High

For the first time in 4 years, house flipping is back on the rise.

According to data from real estate data firm RealtyTrac, 5.5% of all home sales were from house flips in 2015 up from 5.3% in 2014.

"As confidence in the housing recovery spreads, more real estate investors and would-be real estate investors are hopping on the home flipping bandwagon," said Daren Blomquist, senior vice president at RealtyTrac in a release.

"Not only is the share of home flips on the rise again, but we also see the flipping trend trickling down to smaller investors who are completing fewer flips per year."

75% of housing markets in the US saw a rise in the number of house flips in 2015. Using RealtyTrac's data, we've compiled a list of 17 housing markets that saw at least a 25% increase in flips over last year, ranked from slowest- to fastest-growing.

18 PHOTOS
17 US cities where people are flipping houses like crazy
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17 US cities where people are flipping houses like crazy

17. North Port-Sarasota-Bradenton, FL

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16. Huntsville, AL

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15. Palm Bay-Melbourne-Titusville, FL

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14. Crestview-Fort Walton Beach-Destin, FL

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13. Salem, OR

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12. Flint, MI

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11. Pensacola-Ferry Pass-Brent, FL

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10. Little Rock-North Little Rock-Conway, AR

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9. Deltona-Daytona Beach-Ormond Beach, FL

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8. Ocala, FL

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7. Ogden-Clearfield, UT

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6. Buffalo-Cheektowaga-Niagara Falls, NY

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5. Akron, OH

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4. Homosassa Springs, FL

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3. Jacksonville, FL

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2. New Haven-Milford, CT

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1. Lakeland-Winter Haven, FL

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17. North Port-Sarasota-Bradenton, FL

Total housing units: 401,839

2015 home flips: 1,867

Percent of total 2015 sales that were flips: 8.3%

Y-O-Y percent change in flips: 26%

16. Huntsville, AL

Total housing units: 183,643

2015 home flips: 453

Percent of total 2015 sales that were flips: 8.4%

Y-O-Y percent change in flips: 27%

15. Palm Bay-Melbourne-Titusville, FL

Total housing units: 270,081

2015 home flips: 1,196

Percent of total 2015 sales that were flips: 8.2%

Y-O-Y percent change in flips: 28%

14. Crestview-Fort Walton Beach-Destin, FL

Total housing units: 138,447

2015 home flips: 341

Percent of total 2015 sales that were flips: 5.1%

Y-O-Y percent change in flips: 28%

13. Salem, OR

Total housing units: 151,528

2015 home flips: 310

Percent of total 2015 sales that were flips: 5.5%

Y-O-Y percent change in flips: 28%

12. Flint, MI

Total housing units: 191,568

2015 home flips: 317

Percent of total 2015 sales that were flips: 5.0%

Y-O-Y percent change in flips: 29%

11. Pensacola-Ferry Pass-Brent, FL

Total housing units: 202,427

2015 home flips: 488

Percent of total 2015 sales that were flips: 5.9%

Y-O-Y percent change in flips: 30%

10. Little Rock-North Little Rock-Conway, AR

Total housing units: 409,935

2015 home flips: 465

Percent of total 2015 sales that were flips: 4.9%

Y-O-Y percent change in flips: 30%

9. Deltona-Daytona Beach-Ormond Beach, FL

Total housing units: 302,821

2015 home flips: 1,456

Percent of total 2015 sales that were flips: 9.1%

Y-O-Y percent change in flips: 32%

8. Ocala, FL

Total housing units: 163,359

2015 home flips: 520

Percent of total 2015 sales that were flips: 8.1%

Y-O-Y percent change in flips: 32%

7. Ogden-Clearfield, UT

Total housing units: 205,852

2015 home flips: 368

Percent of total 2015 sales that were flips: 4.3%

Y-O-Y percent change in flips: 32%

6. Buffalo-Cheektowaga-Niagara Falls, NY

Total housing units: 518,767

2015 home flips: 478

Percent of total 2015 sales that were flips: 4.3%

Y-O-Y percent change in flips: 34%

5. Akron, OH

Total housing units: 312,397

2015 home flips: 487

Percent of total 2015 sales that were flips: 5.2%

Y-O-Y percent change in flips: 37%

4. Homosassa Springs, FL

Total housing units: 77,710

2015 home flips: 270

Percent of total 2015 sales that were flips: 7.1%

Y-O-Y percent change in flips: 40%

3. Jacksonville, FL

Total housing units: 601,347

2015 home flips: 2,079

Percent of total 2015 sales that were flips: 7.9%

Y-O-Y percent change in flips: 41%

2. New Haven-Milford, CT

Total housing units: 361,726

2015 home flips: 258

Percent of total 2015 sales that were flips: 3.0%

Y-O-Y percent change in flips: 45%

1. Lakeland-Winter Haven, FL

Total housing units: 280,607

2015 home flips: 923

Percent of total 2015 sales that were flips: 8.9%

Y-O-Y percent change in flips: 50%

NOW CHECK OUT: 12 US markets where it's almost impossible to find a place to live»

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11 PHOTOS
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17 US cities where people are flipping houses like crazy
10. Seoul, South Korea 
9. Hong Kong, China 
8. Copenhagen, Denmark 
7. Geneva, Switzerland 
6. Melbourne, Australia 
5. Sydney, Australia 
4. Zurich, Switzerland 
3. Oslo, Norway 
2. Paris, France
1. Singapore, Singapore 
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