Should I Sell My House This Year?
Abstract
The number of homes for sale has increased this year, but housing supply is still firmly in sellers’ market territory. To be in a balanced market where there are enough homes available to meet the pace of buyer demand, there would need to be a six months’ supply of homes. The average home sold in July still saw multiple offers and sold in as little as 14 days. The most recent data from NAR also shows the average home in July.
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