United States Has Record $698B Worth of Homes For Sale

United States Has Record $698B Worth of Homes For Sale

According to a recent report, the United States has $698 billion worth of home currently for sale, setting a new record high

Home Listings Surge To Record $698B As Buyers Back Off

U.S. Home Sellers Are Sitting on $700B Worth of Listings, an All-Time High - Greater Phoenix In Business Magazine

There’s a total of $698 billion worth of homes for sale in the U.S., up 20.3% from a year ago and the highest dollar amount ever, according to a new report from Redfin, the technology-powered real estate brokerage. The report is based on an analysis of listings on Redfin.com going back through 2012. For the total dollar value of all inventory on the market, Redfin summed up the list price of all active U.S. listings as of the last day of each mo…

Home Listings Surge To Record $698 Billion As Buyers Back Off

A swelling supply of unsold homes and a slowdown in buyer activity have sent the housing market to a record high — $698 billion in total listings, the largest dollar value seen in more than a decade.That figure, reported by Redfin, is base…

US home listings worth nearly $700 billion

Of that total, close to half — $330 billion — is tied up in stale listings as buyers remain hesitant despite rising inventory, according to a Redfin report.

US Housing Market Has Nearly $700 Billion in Listings, a Record High

This new record was achieved as the US housing supply soared 16.7% year-over-year to a five-year high. Continue Reading US Housing Market Has Nearly $700 Billion in Listings, a Record High The post US Housing Market Has Nearly $700 Billion in Listings, a Record High appeared first on Weekly Real Estate News.