In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner
Existing Home Sales are now at an annual pace of 5.46 million.
Inventory of existing homes for sale dropped to a 4-month supply, marking the 35thmonth in a row of declines.
The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains.