This House Had 22 Offers Here Is Why The Owners Didnt Take The Highes

Dated: 07/25/2017

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  • The national median price of a home sold in June hit a record $263,800, according to the National Association of Realtors.

  • The average number of days a listing took to go under contract fell to just 28, down from 34 a year ago.

  • Lenders are far more careful with appraisals now than they were during the last housing boom. In turn, appraisers are being very cautious with the current price run-up.

| @DianaOlick

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