U.S. home inventory hit a record $698 billion in April, a 20.3 percent increase from the previous year. However, sales aren’t keeping pace, a new…
Posts published in “average days on market”
Luxury apartment sales surged approximately 226 percent year over year and almost 33 percent from the previous quarter, according to Douglas Elliman. Source: Inman News
This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing. In this first of two opposing…
The median home sale price in the U.S. rose by 2.8 percent from the previous year in June, marking an all-time high of $311,300, according…
Agents in secondary or up-and-coming luxury markets say business is booming as buyers and sellers find a new sense of normal amid the pandemic. Source:…
Housing inventory across the U.S. was down 27.4 percent year over year, or approximately 363,000 fewer homes during the same period last year. Source: Inman…
Homes sat on the market 15 days longer than last year during the week ending May 16, resulting in the greatest increase in time on…