The housing market is hot. Homes are moving fast. A median 9 days on market is very low. Most of my listings are only 2-4 days on market with several offers.
Single family home sales have gone down from a year ago and multi family has gone up. This is because prices have gone up so much and multifamily homes are more affordable.
The change in inventory is one of the reasons prices have gone up so much. The median equity gained in a yard is $65k - that is huge!
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