Most homeowners who eventually want to sell their homes to relocate or downsize can become preoccupied with when is “the best time to sell.”
New figures are indicating that the answer could be “now.”
ATTOM Data Solutions’ recently released Year-End and Q4 2017 U.S. Home Sales Report shows that at the end of last year, the average home seller gained $54,000, or a 29.7% return on investment in their home sales.
“It’s the most profitable time to sell a home in more than 10 years, yet homeowners are staying put longer than we’ve ever seen,” says Daren Blomquist, senior vice president at ATTOM Data Solutions.
The west coast and red states around the country are seeing the biggest appreciation numbers, and Virginia real estate is also seeing big gains.