South Florida home sellers reap average profit of almost $78,000

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In another sign that South Florida’s housing market is bouncing back, home sellers cashed in an average gain of $77,900 during the second quarter of 2017.

That’s according to ATTOM Data Solutions. Seller profits topped $100,000 during the peak of the real estate bubble, then plunged to an average loss of $100,000 during the crash.

The heftiest gain came in Silicon Valley, where sellers pocketed an average profit of $410,000.

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