Lack Of Existing Home Inventory Slows Sales Heading Into Fall

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Some Highlights:

  • The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.
  • First-time homebuyers made up 31% of all sales in August.
  • Homes are selling quickly with 51% of homes on the market for less than a month.
  • A limited supply continues to drive up prices for the 66th consecutive month.

What does this mean for your plans?

Let’s put the local numbers in context for your home or next move.

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