šŸ” Quick Market Update: Home Sales & Prices (What It Means for You)
Here’s a simple look at what’s happening with the existing homes right now.
šŸ”¢ What’s Going On
  • Home sales went up a little (0.5%) in November.
  • About 4.13 million homes would sell in a year at this pace.
  • The median price is around $409,200, a bit higher than last year.
  • There is about 4.2 months of homes for sale – more than last year, but still not ā€œplenty.ā€
So:
šŸ“ˆ Sales are slowly rising.
šŸ’µ Prices are not crashing.
šŸ˜ There still aren’t tons of homes to pick from.
šŸ¤” What This Means for You
  • Don’t wait for a huge ā€œcrashā€ — that’s not what the data shows.
  • You may have more choices than buyers had in 2023, but you still need: A clear budget A plan A pre-approval when you’re ready
  • Your local area (your city/county) can look very different from the national numbers.
šŸ”— Want to See the Real Data?
Here are solid, trusted sources you can read or save:
šŸ’¬ Comment Prompt
Questions? Drop this in the comments:
  • State: ___
  • Goal: buying in 6, 12, or 24+ months (or ā€œjust learningā€)
  • Question: one thing this update makes you worry about or feel hopeful about
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David Fisher
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šŸ” Quick Market Update: Home Sales & Prices (What It Means for You)
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