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IRVINE, Calif., July 29, 2021 /PRNewswire/ ATTOM, curator of the nation s premier property database, today released its second-quarter 2021 U.S. Home Sales Report, which shows that profit margins for home sellers took an unusual dip in the second quarter but still were far above where were they were a year earlier.
In a sign that the housing market remained super-heated but that investment returns may be declining, the report reveals that the typical single-family home and condo sale across the United States during the second quarter of 2021 generated a profit of $94,500. That was up from $90,000 in the first quarter of 2021 and from $60,572 in the second quarter of 2020.