{"id":628,"date":"2017-02-03T00:00:00","date_gmt":"2017-02-03T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/sellers-see-biggest-profits-since-2007\/"},"modified":"2017-02-03T00:00:00","modified_gmt":"2017-02-03T00:00:00","slug":"sellers-see-biggest-profits-since-2007","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/sellers-see-biggest-profits-since-2007\/","title":{"rendered":"Sellers See Biggest Profits Since 2007"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div readability=\"43.181784930505\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"31.765910753475\"><!--paging_filter--><\/p>\n<p>Homeowners who sold in 2016 saw an average <a href=\"https:\/\/amazingproperty.com.ng\/blog\/tips-for-house-price-negotiation\/\">home price<\/a> gain since purchase of $38,206 \u2013 or a 21 percent, on average, increase since purchase, ATTOM Data Solutions repots in its Year-End 2016 U.S. Home Sales Report. That&#8217;s up from an average 13 percent gain in 2015, and it is the highest increase since 2007.<\/p>\n<p>The largest metro areas to see the highest average percent gain since purchase for home sellers in 2016 were:<\/p>\n<ul>\n<li>San Francisco, Calif.: 69% gain<\/li>\n<li>San Jose, Calif.: 69%<\/li>\n<li>Santa Rosa, Calif.: 52%<\/li>\n<li>Los Angeles, Calif. 49%<\/li>\n<li>Seattle, Wash.: 48%<\/li>\n<\/ul>\n<p>The median home sales price across the country in 2016 was $218,175, according to ATTOM Data Solutions, which is up 6.8 percent from 2015. Of the 201 largest metro areas with populations of at least 200,000, 179 of the areas posted a year-over-year increase in home prices. Twenty-seven of the metros posted double-digit year-over-year price gains. Notably, the following cities posted the highest gains:<\/p>\n<ul>\n<li>Tampa-St. Petersburg, Fla.: up 14%<\/li>\n<li>Jacksonville, Fla.: 12.9%<\/li>\n<li>Portland, Ore.: 12.1%<\/li>\n<li>Denver, Colo.: 11.3%<\/li>\n<li>Orlando, Fla.: 10.1%<\/li>\n<\/ul>\n<p>Meanwhile, the following counties had the highest actual median home prices in 2016:<\/p>\n<ul>\n<li>New York County (Manhattan), N.Y.: $1,400,000<\/li>\n<li>San Francisco County, Calif.: $1,175,000<\/li>\n<li>San Mateo County, Calif.: $1,075,000<\/li>\n<li>Marin County, Calif.: $950,000<\/li>\n<li>Santa Clara County, Calif.: $860,000<\/li>\n<\/ul>\n<p><em>Source: <a href=\"http:\/\/www.realtytrac.com\/news\/foreclosure-trends\/2016-year-end-home-sales-report\/\" target=\"_blank\">RealtyTrac<\/a><\/em><\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/ganjef37OSE\/sellers-see-biggest-profits-2007\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Homeowners who sold in 2016 saw an average home price gain since purchase of $38,206 &hellip; <a title=\"Sellers See Biggest Profits Since 2007\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/sellers-see-biggest-profits-since-2007\/\"><span class=\"screen-reader-text\">Sellers See Biggest Profits Since 2007<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[15239,12908,543,215,248,10,5254,3051,1007,41,818,219,15282,61,15296],"class_list":["post-628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-chase","tag-home","tag-home-buying-guide","tag-home-sale","tag-home-sales","tag-home-sell","tag-home-sellers","tag-homeowner","tag-owners","tag-property","tag-real","tag-realty","tag-ross","tag-seller","tag-target"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3962,"url":"https:\/\/amazingproperty.com.ng\/blog\/home-sellers-are-pocketing-more-money\/","url_meta":{"origin":628,"position":0},"title":"Home Sellers Are Pocketing More Money","author":"Amazing Property","date":"April 28, 2017","format":false,"excerpt":"Homeowners who sold in the first quarter realized an average price gain of $44,000 since purchase. That represents an average 24 percent of return on the purchase price, which is the highest average price gain for home sellers in terms of both dollars and percent returns since the third quarter\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5546,"url":"https:\/\/amazingproperty.com.ng\/blog\/sellers-net-highest-profit-in-a-decade\/","url_meta":{"origin":628,"position":1},"title":"Sellers Net Highest Profit in a Decade","author":"Amazing Property","date":"July 31, 2017","format":false,"excerpt":"Home sellers in the second quarter of this year sold their properties for an average $51,000 more than they paid for them when they bought them. That\u2019s the highest price gain for sellers since the second quarter of 2007, when it was $57,000, according to a new report by real\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/1_rss.png?fit=599%2C659&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/1_rss.png?fit=599%2C659&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/1_rss.png?fit=599%2C659&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7992,"url":"https:\/\/amazingproperty.com.ng\/blog\/its-the-best-time-to-sell-in-a-decade\/","url_meta":{"origin":628,"position":2},"title":"It\u2019s the Best Time to Sell in a Decade","author":"Amazing Property","date":"February 2, 2018","format":false,"excerpt":"Prices are rising and homeowners are staying put longer, and that means more homeowners can cash in when they go to sell. Home seller profits surged to a 10-year high in the fourth quarter of 2017. Sellers saw an average home price gain since purchase of $54,000, up from $47,133\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"1 Rss.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/1_rss.png?fit=599%2C586&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/1_rss.png?fit=599%2C586&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/1_rss.png?fit=599%2C586&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7480,"url":"https:\/\/amazingproperty.com.ng\/blog\/buyers-making-record-high-down-payments\/","url_meta":{"origin":628,"position":3},"title":"Buyers Making Record-High Down Payments","author":"Amazing Property","date":"December 15, 2017","format":false,"excerpt":"Home buyers are putting more money down on a home, as the median down payment for a single-family home or condo in the third quarter was $20,000\u2014a new record high, according to ATTOM Data Solutions\u2019 Q3 2017 U.S. Residential Property Loan Origination Report. The average down payment equaled 7.6 percent\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"1513373452 1 Rss.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/1513373452_1_rss.png?fit=599%2C586&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/1513373452_1_rss.png?fit=599%2C586&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/1513373452_1_rss.png?fit=599%2C586&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4060,"url":"https:\/\/amazingproperty.com.ng\/blog\/cities-with-the-most-cash-sales\/","url_meta":{"origin":628,"position":4},"title":"Cities With the Most Cash Sales","author":"Amazing Property","date":"May 1, 2017","format":false,"excerpt":"Cash sales made up about 30 percent of all single-family and condo sales in the first quarter of this year, according to ATTOM Data Solutions' First Quarter 2017 U.S. Home Sales Report. That is well below their peak of 44.7 percent in the first quarter of 2011 but higher than\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":812,"url":"https:\/\/amazingproperty.com.ng\/blog\/17-3m-homes-at-environmental-hazard-risk\/","url_meta":{"origin":628,"position":5},"title":"17.3M Homes at Environmental Hazard Risk","author":"Amazing Property","date":"February 16, 2017","format":false,"excerpt":"[ad_1] A whopping 17.3 million single-family homes and condos, with a combined estimated market value of $4.9 trillion, fall in ZIP codes with high or very high risk of at least one of four environmental hazards. Those environmental hazards include superfunds, brownfields, polluters, or poor air quality (see box for\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/1487269424_1_rss.png?fit=584%2C644&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/1487269424_1_rss.png?fit=584%2C644&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/1487269424_1_rss.png?fit=584%2C644&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/ganjef37OSE","_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=628"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/629"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}