Shopping for a home? It will take a lot longer than you think because home prices are overheating
- Two-thirds of buyers are shopping for more than three months before signing a deal, according to a new survey from the National Association of Home Builders.
- Home prices have been rising at a fast clip in the past year – faster than income growth and inflation.
- Home prices increased in 92 percent of the nation’s measured housing markets at the end of last year, according to the National Association of Realtors.
via Home prices are overheating so buyers are shopping longer
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