Home Seller’s Profit Skyrockets In 2022

1 year ago
4

Home Seller’s Profit Skyrockets In 2022

2022 Price Slowdown? Home Sellers’ Profits Still Rose Prices didn’t stop rising in 2022, increases just slowed. U.S. sellers averaged a $112K profit, up 21% – and eight of the top investment returns were in Fla. metros. According to Attom’s end-of-year report, the typical sales profit percentage rose from 2021’s 45% to 51% last year, even with values dropping in the second half of 2022. Orlando (ROI up from 42.2% to 62.2%) "It seems pretty likely that home seller profits peaked for this cycle in 2022," says Rick Sharga, executive vice president of market intelligence at Attom.

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