Tag Archives: profit margins

“It seems pretty likely that home seller profits peaked for this cycle in 2022,” said Rick Sharga, EVP of Market Intelligence at ATTOM.

"If the Federal Reserve's objective was to slow down the housing market, it has succeeded spectacularly," said Rick Sharga, EVP of Market Intelligence at ATTOM.

Fix-and-flip investors enjoyed another strong quarter in Q2, as the total number of properties flipped nationwide was the second-highest ATTOM recorded over the past 22 years.

ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record of 55.5%, following the largest quarterly gain in a decade. On the ...

Home sellers were earning a 4.4 percentage point profit on their sales in Q1, marking the largest drop since 2011.

Profit margins declined in the third quarter of 2021 as prices on flipped homes continued to rise more slowly than they did when investors originally bought their properties.

In Q3, home sellers earned record profits, as the median U.S. home price jumped 16% to $310,500, reaching levels not seen in a decade.