1226 - Home Sale Profits Drop for First Time in Decades—What Does It Mean, and Where Should Investors Put Their Money Now? By Anna Cottrell
Much recent news in real estate has centered on home prices, which appear to still be rising. But what about the profits from home sales?
The latest Year-End U.S. Home Sales Report from ATTOM paints a less rosy picture of what’s going on in the real estate market. In fact, it’s showing that home sales profits dropped for the first time in a decade in 2023. So what are the figures, and what do they mean for investors?
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