More Sellers Are Listing Their Homes, Demand Still Outpaces Supply
Summary
Sellers are accepting offers on their homes 13 days fasted than a year ago, according to the report. "Still, due to the pace of pending sales, total for-sale inventory fell further below last years level. As of last week, there were 28.9% fewer homes on the market than a year ago," according to the report. According to Zillow, mortgages rates dipped due to the Federal Housing Finance Agencys announcement of the Adverse Market Refinance Fee, which will now go into effect on Dec. 1, instead of the initial Sept. 1 date. Click here to learn more from Zillows Weekly Market Report.
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