There’s no denying it: There are more people buying homes than selling them right now.
Although housing markets vary from place to place, with only about five months’ worth of housing inventory, it’s generally a
seller’s market across the United States. In many areas, and particularly in the 20 largest cities in the country, homes are selling
very quickly, and often for more than asking price. According to the National Association of Realtors, recent sellers typically sold
their homes for 99 percent of listing price, and the typical home was on the market for only three weeks!
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