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    You are at:Home»Residential»Pandemic Year Sees Soaring Home Seller Profits as Prices Set New Records

    Pandemic Year Sees Soaring Home Seller Profits as Prices Set New Records

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    By Brad Beckett on February 9, 2021 Residential

    ATTOM logoAccording to their Year-End 2020 U.S. Home Sales Report, ATTOM Data Solutions says profits on home sales increased in 9 out of 10 Housing Markets in 2020 with the national median home price up 13%.  In addition the report says sellers nationwide realized price gains of $68,843 (a 34.7% ROI) on the typical sale, up from $53,700 in 2019 and $48,500 two years ago.

    “Last year marked a unique year in the history of home prices and profits in the United States. A once-in-a-century health crisis tore through much of the nation’s economy but seemed to have the opposite effect on the housing market…”  Said Todd Teta, chief product officer at ATTOM Data Solutions.

    Historical Home Seller Gains and ROI

    Click here to read the full report at ATTOMdata.com.

     

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    Brad Beckett
    Brad Beckett
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    Director of Education & Outreach, National Real Estate Investors Association

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