Homebuyers Better Make Decisions Quickly

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Buying a new house is a decision that should be given careful consideration.
With the country’s housing problem, homebuyers are left with no choice but to make quick decisions when they are hunting for their new home.
A report published by Zillow Group shows that median properties across the country will now only take 81 days to sell. Considering the four to six weeks that it takes to close the deal, houses are expected to be on the market for only 30 days.
The strong job market is making residential properties sell like hotcakes but the inventory of housing properties is at its lowest for the 37th month now.
Aaron Terrazas, Zillow’s senior economist explained that “buyers may have to linger on the market until they find the right home but then sprint across the finish line once they do.”

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