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Homes Selling

Homes Selling More Quickly, Time on Market Down with Tighter Supplies

WASHINGTON, DC - September 5, 2012 - (RealEstateRama) -- A new measure shows the typical amount of time it takes to sell a home is shrinking, and for traditional sellers is now in the range of historic norms for a balanced market, well below the cyclical peak reached in 2009, according to the National Association of Realtors®.

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NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales...

The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to NAR Chief Economist Lawrence Yun.

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