Redfin: May Housing Market Sets Records for Speed and Competition
More than a quarter of homes sold for more than their asking price By Jeff Sorg, OnlineEd Blog (June 15, 2017) SEATTLE–(BUSINESS WIRE)– U.S. home prices rose 6.8 percent to a median sale price of $288,000 in May, according to Redfin (www.redfin.com), the next-generation real estate brokerage. Home sales increased 7.5 percent over last year, …
Categories: Contractor, Mortgage, Real Estate
Tags: home prices, housing inventory, market inventory, market statistics, market time