According to various surveys, in recent years housing prices have reached record levels and continue to grow as demand quickly outstrips supply on the market of homes for sale. Add to this the increase in prices and the increase in the holding period — and sellers of housing will have the greatest over the last 10 years profits. Those who sold their house in the second quarter of this year, received an average profit of 26%.
In regions with a large percentage of the profits received by the sellers in San Jose, California — 75 %, San Francisco — 65 %; Seattle — 63 %; Modesto, California, with 62 percent; and Denver is 62 %.
But if the profit from the sale so great, why homeowners are not in a hurry to leave their homes?
«Although this is the best time to sell over the last 10 years, at the same time, is now extremely difficult to find another home to purchase,» said Daren Blomquist, senior Vice President of Atom Data Solutions, an Agency in charge of monitoring the real estate market.
According to the materials of CNBC
