article_snippet.sent: A Pain and Gain report released by CoreLogic for the December quarter has revealed that home resales recording a gross loss were at an all time low with more properties making a decent profit.
article_snippet.sent: When being compared to their prior purchase price, only 8.6 percent of homes had recorded a loss and a shocking 32.3 percent had shown properties selling for more than double only 8.6 percent of homes original price.
article_snippet.sent: The total value of these profit making resales was over $17 billion, three and a half times more than the total of the loss-making resales at only $418 million.
article_snippet.sent: This made the average profit made on each of the successful properties was $251,696 with the average loss on the unsuccessful homes being $65,435.
highlights_snippet.sent: A report has shown that only 9 percent of homes in last quarter have recorded a loss at only 9 percent of homes in last quarter have recorded a loss at their sale with nearly a third selling for double what owners paid sale with nearly a third selling for double what owners paid .
  
highlights_snippet.sent: The total vale of these profitable resales was over $17 billion three and a half times more than the total of the loss .
  