Many buyers often neglect that they put $50k into their kitchen remodel, bought a new roof, and repaired the water heater/AC/washer along the way. So that $100k check feels like pure profit, but often is just reimbursement for past expenses.
Ever gotten a six figure bill on your way out? Happened to lots of buyers around 2008.
In most places they walked away with nothing.
Yeah, once every 100 years...
I'm too young and poor to have had time to save up, buy a house, and sell it. Again, specifics are king in this debate.
I guess the flip side is not owing a six figure mortgage.