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Days on Market on the Decline

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Low inventory, combined with low mortgage rates, has not only upheld unusually high numbers of sold properties, it has also created a sense of urgency for buyers. If your client hesitates, the property they love could be gone.

We typically see an increase in Days on Market in the 1st and 4th quarters of each year; however, in this current environment, homes are spending less time on the market.

Average days on market declining, rein statistics