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Sunday, April 30, 2017   /   by Angie Smith

Home Sellers Are Pocketing More Money

The first quarter of 2017 was the most profitable time to be a home seller in nearly a decade. Homeowners who sold in the first quarter realized an average price gain of 24% on the purchase price. This is due to the low inventory of move-up homes available for current homeowners and the scarcity of starter homes available for first-time home buyers. Still, there are some early signs this inventory may be loosening up in some markets.

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