If You Want to Flip, Do It Now DAILY REAL ESTATE NEWS | MONDAY, FEBRUARY 03, 2014 In 2013, home flips snagged sellers a tidy profit. But the trend may not continue. RealtyTrac's Home Flipping Report for the fourth quarter of 2013 showed single-family home flips were up 16 percent from 2012 and up 114 percent from 2011. The average gross profit for a home flip—defined as a home being...