Some Highlights:
- The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.
- First-time homebuyers made up 31{12ca24a05342dbb53daaf6ac9e83dcd1d4a135542302ef678e31135aa120b5f7} of all sales in August.
- Homes are selling quickly with 51{12ca24a05342dbb53daaf6ac9e83dcd1d4a135542302ef678e31135aa120b5f7} of homes on the market for less than a month.
- A limited supply continues to drive up prices for the 66th consecutive month.
Source: Simplifying The Market