Thursday, August 10, 2017
Looking For Some Easy Money?
Are you one of those people who needs proof that it is a Seller's market? Sellers in the second quarter of 2017 took in, on average, an additional $51,000 per sale over what they originally paid for their homes! According to a recent report from ATTOM Data Solutions, this is the highest return the housing market has seen in the last 10 years. These sale prices equate to about 26% more than owners spent on their property. In 2007, according to study, an average $57,000 increase was pocketed.
Even so, since 2000, homeowners are tending to stay in their homes an average of 8 years nationally. This may be in part because while it is easy to sell a home now, it might not be so easy to find the next purchase. With limited homes on the market it might be your best time to make a move. Kohan & Associates would love to help! Visit us at www.suncoasthome.com today.