Homes Are Selling Incredibly Fast, Regardless of Price — Defying Seasonal Norms
Homes nationwide and across all price ranges sold, in many cases, just days after hitting the market in September -- defying seasonal norms.
Homes Are Being Snatched Off the Market at Their Fastest Pace in 2 Years
Homes sold in the U.S. during the second week of June typically stayed on the market for 22 days, the fastest pace since June 2018.
Q2 2016 Market Report: Tight Inventory Leads to a Need for Speed
It’s well known that a lack of homes for sale is limiting home buyers’ choices this home shopping season. But this inventory shortage is also contributing to another home buying hurdle – along with limited options, buyers also have increasingly limited time to make a decision on a home purchase.
The Price of Overpricing: How Listing Price Impacts Time on Market
Sellers know that overpricing your home can lead to a drawn-out sale – likely with price cuts – while pricing at or below market value will lead to a speedier sale. But how severe is the penalty of an inflated price, and how strong is the speed boost of a lower one?
