{"id":7578,"date":"2017-12-21T00:00:00","date_gmt":"2017-12-21T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/nar-homes-selling-faster-than-ever\/"},"modified":"2017-12-21T00:00:00","modified_gmt":"2017-12-21T00:00:00","slug":"nar-homes-selling-faster-than-ever","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/nar-homes-selling-faster-than-ever\/","title":{"rendered":"NAR: Homes Selling Faster Than Ever"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"38.458446866485\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"24.689373297003\"><!--paging_filter--><\/p>\n<p>The time homes spent on the market hit an all-time low in 2017 at just three weeks, the National Association of REALTORS\u00ae reports. A low inventory of <a href=\"https:\/\/amazingproperty.com.ng\/blog\/homes-for-sale-near-abijo-in-lekki\/\">homes for sale<\/a> mixed with strong buyer demand has helped to keep market times low from 2014 to 2017.<\/p>\n<p>During the height of the <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">housing<\/a> boom from 2001 to 2005, homes sold within a month of being <a href=\"https:\/\/amazingproperty.com.ng\/blog\/nigeria-property-center\/\">listed<\/a>. But as the housing market began to slow in 2006, the median time jumped to six weeks, and then to 10 weeks by 2009.\u00a0<\/p>\n<p>Tight inventories and a lack of construction of homes has helped to keep homes selling faster in recent years, NAR notes.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"\" src=\"https:\/\/i0.wp.com\/realtormag.realtor.org\/sites\/realtormag.realtor.org\/files\/rmo_files\/images\/2017_dec\/NARgraphic.jpg\" style=\"width: 620px; height: 397px;\"\/><\/p>\n<p>\u00a0<\/p>\n<p><em>Source: \u201cDrop in Time on Market to <a href=\"https:\/\/amazingproperty.com.ng\/blog\/i-sell-my-house-fast-with-reputable-real-estate-agents\/\">Sell a Home<\/a>,\u201d National Association of REALTORS\u00ae\u00a0Economists\u2019 Outlook blog (Dec. 21, 2017)<\/em><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<\/div>\n<p><a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/p2A_Zfe5-gc\/nar-homes-selling-faster-ever\"> Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The time homes spent on the market hit an all-time low in 2017 at just three &hellip; <a title=\"NAR: Homes Selling Faster Than Ever\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/nar-homes-selling-faster-than-ever\/\"><span class=\"screen-reader-text\">NAR: Homes Selling Faster Than Ever<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7579,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[1403,2890,62,12908,543,127,557,344,41,818,479],"class_list":["post-7578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-construction","tag-for-sale","tag-home","tag-home-buying-guide","tag-homes","tag-homes-for-sale","tag-housing","tag-property","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARgraphic.jpg?fit=871%2C558&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=7578"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7579"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}