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© 2018 Market Perspective Newsletter. All Rights Reserved. 

For America’s Homebuyers, West Is No Longer Best [INFOGRAPHIC]

August 2, 2018

The West Coast no longer dominates as buyers gravitate toward more affordable regions (median list prices lower than $299,000).

 

Hottest markets = those with the most listing views and fewest median days on market.

 

Housing Inventory Expands in June

Although monthly sales decreased, new home sales were 7% higher in the first six months

of 2018 than they were during the same period in 2017.

 

 

Sources:
[1] Realtor.com®, Market Hotness Index, June 2018.
[2] Realtor.com, Real Estate Trends, June 2018.
[3] National Association of Realtors® (NAR), Existing-Home Sales, June 2018.
[4] U.S. Census Bureau, Monthly New Residential Sales, June 2018.
[5] Ellie Mae® Second Quarter 2018 Results.
[6] Ellie Mae Origination Insight Report, June 2018.

 

 

 

 

 

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