U.S. Home Seller Profits Soar in 2020 as Prices Set New Records!
U.S. home seller profits are soaring, we take a look at the 2020 gains. Plus, the Fed plots a stable path ahead for mortgage rates, but will they remain low? And, there’s been a significant shift in interest for newly-built homes, what the latest Housing Trend Report is saying. We take a closer look This Week in Real Estate.
“Last year marked a unique year in the history of home prices and profits in the United States. A once-in-a-century health crisis tore through much of the nation’s economy but seemed to have the opposite effect on the housing market.”Todd Teta, chief product officer at ATTOM Data Solutions.