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Cash+Coast = Big Home Sales Gains

Home sellers are making big gains in today's market.

By Jim DuPlessis | Updated on April 27, 2017

Home sellers made big gains in the first quarter, but, on average, they had to wait twice as long as pre-recession sellers making similar gains, according to a report released Thursday by ATTOM Data Solutions.

The U.S. Home Sales Report by ATTOM, a real estate analytics company based in Irvine, Calif., shows most first-quarter sellers made more than $44,000 over their purchase price, the best gain since the typical seller made $45,100 in the third quarter of 2007, on the eve of the Great Recession.

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Jim DuPlessis

Jim DuPlessis

A journalist for decades.

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