If you are a home seller, you have something to cheer about these days. According to a Q2 2017 U.S. Home Sales Report from Attom Data Solutions, homeowners who sold in the second quarter realized an average price gain of $51,000 since purchase — the highest average price gain for home sellers since Q2 2007, when it was $57,000.
The hottest markets can be seen here in ATTOM’s “Home Seller Profits” heat map, with the highest average returns coming in from Northern California (San Jose at 75% and San Francisco at 65%), Seattle (63%) and Denver (62%).
What does this mean for you? It’s the most profitable time to sell a home in over a decade.
To read the full report, click here.
To keep an eye on these and other market trends affecting fix-and-flip investors, continue to follow our Anchor blog.
At Anchor, we don’t just have the fix-and-flip capital you need, but also the ability to tailor that capital to fit your investment objectives. We offer timely, flexible, and competitive services that will work with you to provide new construction finances. We can also help you evaluate particular properties of interest through our loan approval process.