Zillow: Homes Are Selling At Fastest Pace Since 2018

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Zillow reported that homes are being sold at their fastest pace since June 2018.

Zillow reported that homes are being sold at their fastest pace since June 2018. According to the report, homes sold in the second week of June 2020 stayed on the market for just 22 days, and are being sold the fastest in the Midwest region.

The industry has been experiencing limited inventory, as sellers pull back from the market more than buyers. This has kept home prices steady even during the COVID-19 pandemic. Luckily, more homes are making their way onto the market. Zillow reported a 14% increase in new listings and those who listed homes in the past few weeks were able to make quick sales.

Click here to read more about why homes are selling at the fastest pace since 2018.

This article originally appeared in the National Mortgage Professional print magazine.

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Written by 
Navi Persaud
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Zillow: Homes Are Selling At Fastest Pace Since 2018
Trends

Zillow: Homes Are Selling At Fastest Pace Since 2018

June 25, 2020
by
Navi Persaud

Zillow reported that homes are being sold at their fastest pace since June 2018. According to the report, homes sold in the second week of June 2020 stayed on the market for just 22 days, and are being sold the fastest in the Midwest region.

The industry has been experiencing limited inventory, as sellers pull back from the market more than buyers. This has kept home prices steady even during the COVID-19 pandemic. Luckily, more homes are making their way onto the market. Zillow reported a 14% increase in new listings and those who listed homes in the past few weeks were able to make quick sales.

Click here to read more about why homes are selling at the fastest pace since 2018.

Written by 
Navi Persaud

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

npersaud@ambizmedia.com

These articles are powered by National Mortgage Professional

Zillow: Homes Are Selling At Fastest Pace Since 2018
June 25, 2020 11:53 AM
by
Navi Persaud
Trends

Zillow reported that homes are being sold at their fastest pace since June 2018. According to the report, homes sold in the second week of June 2020 stayed on the market for just 22 days, and are being sold the fastest in the Midwest region.

The industry has been experiencing limited inventory, as sellers pull back from the market more than buyers. This has kept home prices steady even during the COVID-19 pandemic. Luckily, more homes are making their way onto the market. Zillow reported a 14% increase in new listings and those who listed homes in the past few weeks were able to make quick sales.

Click here to read more about why homes are selling at the fastest pace since 2018.

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