The third quarter saw a decrease in home flipping activity, but a notable increase in profits, according to industry reports. The typical profit margin during this period was recorded at 29.8%. This news comes from an article titled “Q3 Home Flipping Down, But Profits Are Up” published on the Weekly Real Estate News website.

Key points:

– Home flipping activity declined in the third quarter.
– Despite the decrease in activity, profit margins showcased significant growth.
– The typical profit margin reached 29.8% during this period.
– The article can be found on the Weekly Real Estate News website.

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