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Tag: homeownership tenure

Home Selling Profits Drop in 2023 for First Time in Over a Decade Amid Modest Price Gains

Home Selling Profits Drop in 2023 for First Time in Over a Decade Amid Modest Price Gains

Profits on Home Sales Across U.S. Decrease for First Time Since 2011; Typical Seller Gains Remain Strong, But Decline from 60 Percent to 57 Percent; National Median Home Price Rises at Slowest Pace in 12 Years IRVINE, Calif. – Jan. 25, 2024 — ATTOM, a leading curator of land, property and real estate data, today released its Year-End 2023 U.S.... Read More »
Top 10 U.S. Metros Where Homeownership Tenure Is Increasing

Top 10 U.S. Metros Where Homeownership Tenure Is Increasing

According to ATTOM’s just released Q1 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales across the U.S. decreased to 44.2 percent as home prices stayed flat or kept declining around most of the nation. ATTOM’s latest home sales analysis shows that the drop-off in typical profit margins, from 48.7... Read More »
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U.S. Home Seller Profits Top 50 Percent In 2022 Despite Market Slowdown

U.S. Home Seller Profits Top 50 Percent In 2022 Despite Market Slowdown

Profits on Typical Sales Nationwide Rise from 45 percent to 51 Percent; National Median Home Price for Full Year Up 10 Percent to $330,000 Even as Values Drop in Second Half; Home Sellers Continue Staying in Their Homes Less Than Six Years IRVINE, Calif. – Jan. 26, 2023 —ATTOM, a leading curator of real estate data nationwide for land and... Read More »
Top 10 U.S. Counties Where Homeownership Tenure Is On The Rise

Top 10 U.S. Counties Where Homeownership Tenure Is On The Rise

According to ATTOM Data Solutions’ most recent Q1 2021 U.S. Home Sales Report, home seller profit margins nationwide increased to 34.2 percent in Q1 2021, up from 30.8 percent in Q1 2020. The report revealed the typical home-sale profit in Q1 2021 increased 26 percent to $70,050 from $55,750 in Q1 2020. ATTOM’s latest home sales analysis also... Read More »
U.S. Home Seller Profits Soar in 2020 as Prices Set New Records in Spite of Coronavirus Pandemic

U.S. Home Seller Profits Soar in 2020 as Prices Set New Records in Spite of Coronavirus Pandemic

Profits on Home Sales Increase in Nine of Every 10 Housing Markets in 2020; National Median Home Price Up 13 Percent From Last Year to $266,250; Homeowners Now Staying In Their Homes More Than Eight Years Before Selling IRVINE, Calif. – Jan. 28, 2021 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its... Read More »
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Top 10 U.S. Counties Where Homeownership Tenure is Increasing

Top 10 U.S. Counties Where Homeownership Tenure is Increasing

ATTOM Data Solutions’ most recent U.S. Home Sales Report shows that homeowners who sold in the second quarter of 2020 had owned their homes an average of 7.95 years. According to the report, that number is up slightly from 7.85 years in Q1 2020, and nearly the same as the peak of 7.96 years in Q4 2019. ATTOM’s Q2 2020 home sales analysis revealed... Read More »
Top 10 U.S. Markets With Longest Average Home Seller Tenure in Q4 2019

Top 10 U.S. Markets With Longest Average Home Seller Tenure in Q4 2019

The biggest takeaway from ATTOM Data Solutions’ 2019 Year-End U.S. Home Sales Report was home seller profits nationwide hit a new high in 2019. That home price gain figure based on median purchase and resale prices was $65,500, up from $58,100 last year and up from $50,027 two years ago. Among the other high-level findings included in ATTOM’s... Read More »