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

Randy Plaice

With so many Realtors out there eager for your business, what do I provide that makes me any different? Team Approach: They say "A Team Always Outper...

With so many Realtors out there eager for your business, what do I provide that makes me any different? Team Approach: They say "A Team Always Outper...

Jan 24 1 minutes read


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.”
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