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Sponsored by Pillar to Post |
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Buyers Flocking to ‘Harshest‘ Market Yet |
By Suzanne De Vita |
The climate is gradually moving toward spring-like temperatures…but it is burning up in housing, with prices rising 8 percent year-over-year, according to a new realtor.com® report. The climb in March sent the median list price to $280,000—above the prior record $275,000 from July 2017. Based on data from realtor.com, there were 1.29 million March listings (a decline of 8 percent year-over-year), and homes lasted 63 days on-market (a 7 percent decline year-over-year and a 24 percent decline month-over-month). "Our latest inventory data tells us buyers are out in full force this spring," says Javier Vivas, director of Economic Research for realtor.com. "Never in history have there ...
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