FortuneBuilder’s CEO and TV personality, Than Merrill shares stats and trends for the real estate industry in 2015. Some of the more promising facts about the real estate market in 2015 are:
- Total house inventory increased by 5.3% since 2014
- The number of distressed homes on the market decreased to 10% vs 14% in 2014.
- 40% of homes sold in less than 30 days
- The current median home price increased by 28.2% over the last 3 years.
Infographic Source: FortuneBuilders.com