ATTOM, Irvine, Calif., released its Year-End 2023 U.S. Home Sales Report, highlighting that home sellers garnered $121,000 in profit on a typical home, and a 56.5% return on investment, in 2023.
Tag: Homeownership Tenure
Homeowner Tenure Flattens After 10-Year Rise
The typical American homeowner in 2021 had spent 13.2 years in their home, down slightly from the peak of 13.5 years in 2020 but up significantly from 10.1 years in 2012, said Redfin, Seattle.
Homeowners Today Staying in Homes Five Years Longer Than in 2010
Redfin, Seattle, said the typical American homeowner has spent 13 years in their home, up from eight years in 2010. Median home tenure increased in all 55 metros Redfin analyzed, leading to decreased inventory available for first-time home buyers in many places.
ATTOM: 3Q U.S. Median Home Prices Up 8%
ATTOM Data Solutions, Irvine, Calif., released its Q3 2019 U.S. Home Sales Report, showing single-family homes and condos sold for a record median price of $270,000 in the third quarter, up 2.9 percent from the previous quarter and up 8.3 percent from a year ago.