10 Effective Ways to Keep Your Home Pest-Free This Spring
As the flowers bloom in the bay area and the weather warms up, so does the activity of unwanted pests. This Spring, take proactive steps
Buyers are struggling just a wee bit, the median listing price for homes nationwide reached an all-time record in June, realtor.com® reports. List prices soared to a median of $299,000 this month, as a shortage of homes for sale and high buyer demand continued to push asking prices higher.
Us living in the bay area know that $299,000 would be a dream come true, but this is a NATIONWIDE number, the bay area’s median is close to a million but anyways let us move on.
“Limited options, fast-selling properties, and escalating home prices have been a persistent challenge for would-be buyers,” realtor.com® notes in its June 2018 monthly housing trend report.
On average, homes sold in 54 days in June. Inventories increased 4 percent month over month, which is a typical seasonal increase, the report notes. On an annual basis, however, inventory is 4 percent lower.
Of the 100 largest markets, the following six saw listings spend 30 days or less on the market on average:
“The pace of sales in the early days of summer continues to be as fierce and unforgiving as it’s ever been, especially for entry-level buyers,” says Javier Vivas, director of economic research for realtor.com®. “On the bright side, buyers saw more new listings hit the market than they saw last June, causing inventory to drop at a slower rate. However, much of the new inventory is composed of higher-priced, newer and larger homes, forcing a very hungry pool of buyers to adjust their budgets.”
As always thank you for reading
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Source: realtor.com®
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