Yvette Belisle

Yvette Belisle

Associate Broker 17864 English
2213 E Tudor Road, Area 51 Anchorage AK 99507
(907) 868-2811

Sellers Pocketing Significant Profits Despite COVID-19

By Yvette Belisle - August 05, 2020

When the COVID-19 pandemic first hit, there were a lot of concerns about how it would impact the housing market—including whether it would spark a decrease in home values.

But, as it turns out, the opposite is true—and sellers are netting significantly more profit when they sell their home than anticipated.

According to a recent report from ATTOM Data Solutions, during Q2 of 2020, home sellers netted a median $75,491 when they sold their home—up from $65,620 from Q2 2019. Q2’s profit represents a 36.3 percent return on investment compared to original purchase price—the highest ROI for sellers since the Great Recession.

The Takeaway:

So, what does this mean for you? If you’re thinking about selling, now is a great time to make a move, fetch top dollar for your home, and walk away from the sale with a healthy profit.

 
 
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Realty One Group Aurora
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808-400-1448
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