Morning Minute: Days on market historically low for today’s home listings

Image: Bigstock

Image: Bigstock

The National Association of REALTORS® (NAR) reports that days on market (or the length of time a home listing is on the market before it is sold) in 2014 and 2015 was down to a median time of four weeks, the shortest time in 20 years. Read more in NAR’s commentary, “Historical Low Time on Market to Sell a Home.

In other headlines:

Most affordable housing markets: Better buy now! – CNBC

Wiping out housing’s ‘zombies’: Banks sell off foreclosed remnants of crash – CNBC

Congress set to consider Republican plan to abolish Dodd-Frank – HousingWire

Leave a Reply

Your email address will not be published. Required fields are marked *