Following three quarters of decline, ATTOM reports that home investment returns rose in Q2, led by a springtime surge in buyer demand, pushing seller profits back up to nearly their highest level recorded in the past decade.
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The Average Home Seller Nets Over $110K in Profit
Both raw profits and return on investment have improved nationwide for 11 straight years, shooting up again in 2022 as the national median home price increased 10% to $330,000—another annual record.
Read More »Home Sellers Netting Record Profits in Q3
ATTOM reports that as the national medium home sales continue on a torrid record pace, home sellers are increasing their profit margin by as much as 48% in the third quarter.
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