Wednesday, June 20, 2018

May 2018 Home Sales

To summarize the article. Home Values are increasing so current home owners are holding on watching their equity grow. The interest rates are rising so now is a good time for people to buy.
key points....
The number of sales listings has dropped 6.1 percent over the past year to 1.85 million. That forced would-be buyers to act quickly and sign contracts on average in just 26 days. It also pushed up **home values** as the median sales price in May rose 4.9 percent from a year ago to $264,800.

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