New homes are not staying on the market for long

Feedzster

Active member
#1
According to new data from online residential real estate site Trulia, the number of days the average home in the U.S. was on the market in April was 64, which is the lowest amount since the recession. That figure is also down nearly 17% since last year, and more than 53% since 2010. The cities where homes were on the market for the least amount of days were Seattle, San Francisco and San Jose, California. In each of these West Coast metropolitan areas, the average listing time for a property was about 36 days.
https://www.foxbusiness.com/markets/homes-are-flying-off-the-market-in-these-us-cities
 

Chris

Administrator
Staff member
#2
If the new home shortage continues, homes will continue to sell fast because people will settle. The home building industry just can’t keep up. That’s a good sign that people are confident in this economy.
 

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