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? 

8. Nashville, Tenn. (35 percent)

Mark Humphrey/AP/File
The Cumberland River flows by downtown Nashville, Tenn., at sunrise.

Total housing units: 661,507

Single family flips: 1,203

Average pre-flip purchase price: $108,851

Average flipped price: $146,871

Home sales and prices are clipping along nicely in the greater Nashville area: Existing home sales are up 24 percent from a year ago, and the median home price improved from $179,000 in 2012 to $195,000 by May of this year. And inventory is tightening, with the number of available single-family homes shrinking by nearly 3,000 over the past year. 

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Dear Reader,

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