Home Seller Profits Surge Across America - Real Estate Investing Today
Home Seller Profits Surge Across America - Real Estate Investing Today
Abstract
profit margins on U.S. median-priced single-family home and condo sales hit another new record of 55.5%. In addition, ATTOM says the latest typical profit margin was up from 48.3% in Q1 2022 and up 42.9% from one year ago. “Home sellers in the second quarter continued to benefit from the rapid growth in home price appreciation.”
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According to ATTOM Data’s Q2 2022 U.S. Home Sales Report, profit margins on U.S. median-priced single-family home and condo sales hit another new record of 55.5%. In addition, ATTOM says the latest typical profit margin was up from 48.3% in Q1 2022 and up 42.9% from one year ago. “Home sellers in the second quarter continued to benefit from the rapid growth in home price appreciation the country has experienced over the past few years…” Said Rick Sharga, executive vice president of m...
According to ATTOM Data’s Q2 2022 U.S. Home Sales Report, profit margins on U.S. median-priced single-family home and condo sales hit another new record of 55.5%. In addition, ATTOM says the latest typical profit margin was up from 48.3% in Q1 2022 and up 42.9% from one year ago. “Home sellers in the second quarter continued to benefit from the rapid growth in home price appreciation the country has experienced over the past few years…” Said Rick Sharga, executive vice president of m...
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The Visual Capitalist says depending on where you live, owning a home may seem like a far off dream or it could be fairly realistic. In their graphic today, they illustrate the annual salary needed for home ownership in 50 different U.S. cities. Stay safe and have a Happy Friday!!! “In New York City, for example, a person needs to be making at least six figures to buy a home, but in Cleveland you could do it with just over $45,000 a year.” Hat tip to the Visual Capitalist.
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The post 20 Fastest-Growing Dog-Friendly Cities in America appeared first on Real Estate Investing Today.
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Take the leap to grow your future income and wealth—begin investing in real estate! We’ll cover how to buy a property and how to rent it out in this challenging market. For more, follow Real Estate Today on Facebook, Twitter, and LinkedIn.
Take the leap to grow your future income and wealth—begin investing in real estate! We’ll cover how to buy a property and how to rent it out in this challenging market. For more, follow Real Estate Today on Facebook, Twitter, and LinkedIn.
With inflation now rearing its ugly head, consumers are becoming more price conscious as they see their cost of living being impacted all around them. In that vein, a recent graphic from Statista takes a look at the nationwide rental market and asks how much living space does $1,500 get you across the country. Stay [...]
The post How Much Space Does $1,500/month Get You Across the Country? appeared first on Real Estate Investing Today.
With inflation now rearing its ugly head, consumers are becoming more price conscious as they see their cost of living being impacted all around them. In that vein, a recent graphic from Statista takes a look at the nationwide rental market and asks how much living space does $1,500 get you across the country. Stay [...]
The post How Much Space Does $1,500/month Get You Across the Country? appeared first on Real Estate Investing Today.