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Home Seller Profits Way Up: Should You Sell Your Property This Year?


[Updated: Feb 06, 2021 ] Feb 06, 2021 by Aly J. Yale

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Last year marked a unique year in the history of home prices and profits in the United States. A once-in-a-century health crisis tore through much of the nation’s economy but seemed to have the opposite effect on the housing market. Demand remained strong as people who could afford the space and relative safety of single-family homes did just that, aided by super-low mortgage rates and a strong stock market. But they went after a narrowing supply of housing stock, so prices soared, and so did seller profits.

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