• Sellers Win: Average Homeowner Gaining $40,000 at Resale

    2 monthes ago - By RIS Media

    Sellers are winning.
    According to an analysis recently released by Zillow, the average homeowner pocketed $38,856, or a 20.8 percent return, when selling, having had their home for 8.4 years.
    “In a housing market that's been plagued by low inventory and increasing demand, homeowners in the nation's hottest markets have been able to cash in when they sell their homes,” says Aaron Terrazas, senior economist at Zillow. “A home is typically the biggest investment someone makes, and it's paid off for longtime owners in many markets across the country. Today's typical seller bought in 2010, just...
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