Record-low inventory and rebounding buyer demand buoyed U.S. homesellers’ profit margins for the first time in a year, according to a quarterly market report published Thursday by real estate data firm Attom. Profit margins for median-priced single-family home and condo sales increased 3.8 percentage points from 43.8 percent in the first quarter to 47.7 percent in the second quarter.
Source: Inman News
Homeseller profits increase 1st time since Q2 2022: Attom
Published in Attom, homesellers, institutional investment, inventory, Markets & Economy, median home prices, Select and seller profits
More from AttomMore posts in Attom »
- Fixer-upper or money pit? Key risks buyers face with aging homes
- Foreclosures are on the rise. Here’s how to lean into the shift and develop a new income stream
- $100M fraud ring busted, hundreds displaced by foreclosures
- ATTOM data tool sniffs out true ownership of properties in LLCs
- The data-smart way to find your ideal real estate clients
More from homesellersMore posts in homesellers »
- October brought the strongest buyer’s market in 12 years: Redfin
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- 53% of US homes lost value from 2024 — but it’s not a crash
- Share of first-time homebuyers falls to lowest point ever
- Commissions held up in Year 1. Would a seller’s shift upend them?
More from institutional investmentMore posts in institutional investment »
More from inventoryMore posts in inventory »
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- 53% of US homes lost value from 2024 — but it’s not a crash
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
- 10 compelling reasons that your buyers should purchase now
- Pending home sales remain stuck in the mud in September
More from Markets & EconomyMore posts in Markets & Economy »
- Rebounding mortgage rates dampen homebuyers’ appetites
- October brought the strongest buyer’s market in 12 years: Redfin
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- 5 reasons your plumber is quietly richer than you
More from median home pricesMore posts in median home prices »
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- NAR sees existing-home sales rise ‘ever so slightly’ in July
- A ‘herky jerky’ start to the spring buyer season isn’t deterring agents
- NAR signals worst of downturn may be over as existing-home sales rise
- Easing rates expected to boost California home sales 10.5% in 2025
More from SelectMore posts in Select »
- Earning gratitude: 5 ways to move the needle in your business
- Zillow Flex class-action complaint now includes RICO allegations
- Through the bathroom door: What 3D tours reveal about buyers today
- Rebounding mortgage rates dampen homebuyers’ appetites
- The end of ‘just listed’ marketing (and what to do instead)
More from seller profitsMore posts in seller profits »
Be First to Comment