Business Briefs: Homes sell faster in July
Homes sell faster in July
The National Association of Realtors said Wednesday that the median time a previously occupied home was listed for sale shrank in July to 69 days. That's down from 98 days in the same month last year.
One-third of the homes purchased in July were on the market for less than a month, while one in five was on the market for at least six months.
In Chattanooga, the average days on the market for homes sold by local Realtors was 126 days in July, down 3.8 percent Read more [...]