A slight increase in median list prices and listing inventories along with a drop in the median age of that housing inventory signals that U.S. homebuyers are getting an early start to the spring selling season, according to Realtor.com.
In a blog post, Realtor.com points to its February housing data which shows that national “listing inventories increased 1.15 percent month-over-month; median age of inventory was at 98 days, a 9.26 percent decrease month-over-month; and median list prices were slightly higher month-over-month at $189,900.” Read the full post for more details.
In other news:
Housing Rebound Continues: Starts Rose 0.8 Percent In February – NPR
Rising prices buoy up some underwater homeowners – USA Today
‘Flash Sales’ Grow More Common – REALTOR® Magazine