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Showing posts from April, 2018

HOMES SOLD AT FASTEST PACE EVER IN 2017

great news, great read: http://www.builderonline.com/land/local-markets/homes-sold-at-fastest-pace-ever-in-2017_o Zillow: From listing to closing, it took 81 days on average. The fastest-selling market in 2017 was San Jose, Calif., where the typical home sold in 41 days. San Jose also experienced the biggest drop in inventory over the past year, with 26.8 percent fewer homes to choose from than a year earlier. Homes in  San Jose  sold fastest last year in October, with a span of just 39 days from listing to closing. Homes sold at their fastest pace on record in 2017–81 days from listing to closing–according to new research from Zillow out Tuesday. That was nine days faster than the year prior. The quickest selling month for the typical home was June 2017, when it took about 73 days for a home to sell, including closing. Since it can take between four and six weeks to close a home sale, that means that the typical home was on the market for around 30 days before goin...