One-minute national housing market video update from RE/MAX for May 2018 for 54 metro areas around the country:
Home sales down 2.8% year-over-year Median price of homes sold up 7.8% year-over-year to $251,673 Average days on market were down by 5 days to 46 days as compared with one year ago Number of homes for sale down 9.5%
No doubt that home buyer demand remains strong and that in most areas of the nation it's a seller's market, pure and simple. There just are not enough sellers listing their homes, despite rising prices. But keep in mind that real estate is very local, if not hyper-local... so be (8 comments)