People who sold a median-price home last year made more than $120,000 in profit on a typical sale, according to a new report out today from the property data company ATTOM.
Housing demand has been improving in recent months, as mortgage rates have ticked down. And while that’s putting upward pressure on home prices, there are a few factors that could keep a lid on home price appreciation.
A report out Thursday from the real estate data firm ATTOM finds that a home, and all its related costs, now eat up about 34% of the average wage nationwide.