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Home Seller Profit Margins Slip for Second Consecutive Year

Appraisal Buzz

ATTOM has released its Year-End 2024 U.S. Home Sales Report , which shows that home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% housing market mostly rebounded nicely in 2024. generally reaped the highest returns on investment in 2024. The typical 2024 price was almost 2.5

Sellers 395
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Home sellers who didn’t list on the MLS lost $1B in sale proceeds: Zillow

Housing Wire

Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow. In 2023 and 2024, Zillow found that sellers who chose not to list on the MLS typically lost out on nearly $5,000, selling their property for 1.5%

Sellers 501
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Why didn’t we see a national home-price correction in 2024?

Housing Wire

Notably, we compared the data from 2022 and 2023 and noticed positive year-over-year data starting in October 2024, which you can see in the chart below. Active inventory typically decreases at this time of year, but in 2024 it did not drop below 1 million. For me, the highlight of 2024 was the growth in active inventory.

Inventory 482
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Sellers Could Profit More in 2025 as Competition Softens

Appraisal Buzz

Timing is crucial in a difficult real estate market, and this year, the Realtor.com Best Time to Sell study indicates that the best time for sellers to discover the best balance of market circumstances is between April 13 and April 19. Reduced rivalry between sellers: This week would have 13.2% more than the average week of the year.

Sellers 367
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More home sellers but fewer home sales

Housing Wire

That’s 12% more sellers than a year ago. It seems more sellers are coming out every week and that will keep inventory pushing upward. Sellers are up, but sales are down. New listings jump The supply story in real estate must take into account the new sellers each week. Mortgage rates pushed this week close to 7.25%.

Sellers 418
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Has home seller growth lost momentum?

Housing Wire

Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. If potential sellers avoid the market, this will keep a lid on supply growth. New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior.

Sellers 355
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Weak demand is forcing more home sellers to reduce their asking price

Housing Wire

As inventory builds and, as there are fewer offers from homebuyers , more sellers feel the need to reduce the asking price of the homes for sale. Looking backward at the housing market , we can see sales prices are not appreciating compared to 2024. Sellers who dont get an offer may choose to cut their price. About 33.1%

Sellers 411