Flipping a house? The 10 best cities for flippers.

These 10 cities were the most profitable markets for people flipping a house in 2012, according to RealtyTrac. Can you guess which city had the highest average profit on flipped homes? 

6. Miami-Fort Lauderdale-Pompano Beach, Fla. (37 percent)

Wilfredo Lee/AP/File
Dozens of boaters enjoy their Memorial Day holiday near a sandbar near Baker's Haulover Inlet in Biscayne Bay, Monday, May 27, 2013, in Miami Beach.

Total housing units: 2,457,814

Single family flips: 4,299

Average pre-flip purchase price: $138,064

Average flipped price: $189,291

Inventory for homes in the greater Miami area is very low – less than six months’ supply across all price ranges, and less than one month’s supply for homes priced under $200,000, according to the Miami Herald. This metro has the largest population in the Top 10, with just over 5 million residents. 

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