Get Ready for the Rush: Homes Were Snapped Up in 2017
If 2017 is any indication, buyers will be against an all-out frenzy this spring and summer. In 2017, the median listing was snatched up in 81 days—a record, according to data from Zillow. Competition was fiercest in June, with 73 days on-market for the median listing. (Closings are included in the timeline.) In almost every one of the 35 largest markets, homes moved quicker than they did in 2016.
Did you know you can exclude most, if not all of the taxable income from the gain on the sale of your home?