1. Home Sales Accelerate During The “Dog Days of Summer”

    Some Highlights: Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million. Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year. Median home sales prices rose to $247,700, …Read More

  2. Homes Are Selling at a Rapid Clip

    Homes are selling an average of a week faster than they did a year ago, meaning home shoppers should be prepared to move quickly in a competitive housing market, according to the June Zillow Real Estate Market Report. Tight inventory continues to be a major factor for home shoppers. The supply of ho…Read More