【REALTORS®】November 2018 US Confidence Index

• Properties were typically on the market for 42 days (40 days in November 2017).
• First-time buyers accounted for 33 percent of sales (29 percent in November 2017).
• Cash sales made up 21 percent of sales (22 percent in November 2017).
• Twenty-two percent of sellers offered incentives such as providing warranty (9 percent), paying for closing costs (9 percent), and undertaking remodeling (3 percent).
• REALTORS® report “interest rate” and “low inventory” as the major issues affecting transactions in November 2018.

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