Home is where the wealth is

Zillow study finds home owners who stay put for 71/2 years net a 24% return on investment.

Builder

Holding onto your home for a long period of time over the last decade meant a serious return on investment, especially in some of the nation’s hottest housing markets. According to a new Zillow®analysis, out Wednesday, Oakland, Calif. and Portland, Ore. top the list of cities where home sellers saw the greatest return.

In Oakland, the typical seller in 2016 sold their home for an average of $590,000 after living in it for just over seven years, which is 78% more than what they initially paid. In Portland, the typical 2016 seller sold for about $145,000 more than what they paid nine years earlier, a 65% gain.

READ ON:

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

September 2017
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930