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Reali Roundup: California’s Sellers Rank Highest in Home Profits

June 17, 2021

1 MINUTE READ

There’s no question the pandemic has completely changed the meaning of home, prompting many of us to rethink how and where we want to live. With 1 in 10 Americans (11%) choosing to move last year, many of us have seen our family, friends, and co-workers reshuffle across the country.

And with home appreciation still in the double digits in some regions, most homeowners, especially those in California, have seen their equity grow substantially since the recession. Here’s how much those who recently sold their homes profited in the first quarter of 2021 (now that’s some equity!):

Median Profit on Home Sales, Q1 2021

Featured Homes

Santa Clara

2 Bed, 3 Bath  •  $1,290,000

Hayward

2 Bed, 2.5 Bath  •  $789,000
2 Bed, 3 Bath  •  $549,000
2 Bed, 3 Bath  •  $509,000

Good To Know

Buying a Home with HOA Fees

Ask these questions before purchasing a home in a community managed by a homeowners’ association.
Is Now the Time to Sell? (Yes.)
Still thinking about selling? Here are a few reasons as to why it may be a good idea to list your home this year.

Top 20 Counties to Watch: Millennial Homebuyers Are Settling Down

CoreLogic evaluated 500 counties to pinpoint the areas with the most mortgage applications coming from first-time buyers.

What’s the Difference Between Prepaid Items & Escrow?

Whether you are about to tackle the mortgage process for the first time or the fifth time, you need to understand the lingo behind the process.

Wishing all the dads, stepdads, granddads, soon-to-be-dads, pet dads, and like-a-dad types out there a Happy Father’s Day weekend! See you soon!