For-sale home inventory drops at fastest pace in 4 years, Zillow says
By reinvestor on June 26, 2017
The number of for-sale homes hitting the market is dropping at its fastest pace in almost four years, according to May’s Zillow Real Estate Market Reports. The typical home stayed on the market for just 77 days, the fewest days on Zillow ever reported.
Across the country, home shoppers will have 9 percent fewer homes to choose from than a year ago, which is the greatest drop in inventory since August 2013 when inventory was down more than 10 percent.
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