Seller Profits Hit New High Amid Struggling Economy

Dated: July 26 2020

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While unemployment remains high and the economy continues to suffer from the COVID-19 pandemic, the housing market is proving resilient. During the second quarter of this year, home sellers netted a median $75,971 profit at resale, up from $66,500 in the first quarter and $65,250 a year earlier, according to research firm ATTOM Data Solutions. The second-quarter figure represents a 36.3% return on investment—the highest level since the Great Recession—and is up from 34.5% in the first quarter and 33.7% a year prior, ATTOM Data Solutions reports.  Read more.
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Steven Merlo

Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This also means helping you und....

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