Existing Home Sales Reach Highest Annual Pace in 11 Years

Existing Home Sales Reach Highest Annual Pace in 11 Years [INFOGRAPHIC]

  [su_note radius="15"]If you are looking to buy a home in 2018, you may want to use our guide[/su_note]  

Some Highlights:

• • Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.
  • The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply.
  • NAR’s Chief Economist Lawrence Yun had this to say: “Faster economic growth in recent quarters, the booming stock market and continuous job gains are fueling substantial demand for buying a home as 2017 comes to an end.”

Do not wait any longer if you are thing about selling! Let's get started today. Find out what your home is worth instantly.