Homeseller profits hit highest point in a decade Home sellers who sold their home in the second quarter this year gained the highest profit in a decade. The average seller gained 26% from their purchase price. While rising home prices is a factor in the increase, it is not the most significant factor.
Mnuchin: Housing finance reform still a priority for Trump administration Treasury Secretary Steven Mnuchin testified before the House Financial Services Committee, and once again confirmed housing finance reform is at the top of the administration’s list of priorities. Mnuchin explained potential GSE reform should strive to increase private sector participation.