Search
  • Metro East REIA

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

According 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. Continue reading HERE...

0 views0 comments

Recent Posts

See All

Changes in US Population 2010-2020

The U.S. Census Bureau recently reported that the resident population of the United States on April 1, 2020, was 331,449,281. This figure represents a 7.4% increase from 2010’s number. Today’s infog

FHFA House Price Index Up 12.2% from Last Year

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 0.9% in February and up 12.2% from one year ago. The FHFA produces the nation’s only

Taking Your Profit as Anything

My first wholesale deal was rather unconventional. I am glad it was, because it showed me how flexible the business could be. I realized the business was more than just buying and selling houses throu