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Zillow Sells 2,000 Homes From Failed iBuying Program To NYC Investment Firm: Report

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Quartz

The average US home for sale has been staying on the market for one week

The window of time when American home buyers can jump on potential properties is more narrow than ever given the record pace of home sales, according to a new report released today (Nov. 11) by the National Association of Realtors. This is the lowest recorded median time on the market since NAR started collecting data in 1989. In another sign of a historically tight real estate market, most sellers are now collecting 100% or more of the asking price for their homes, a shift from previous years when Americans tended to get slightly less than what was originally listed.

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