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FortuneBuilders 2015 Real Estate Trends

FortuneBuilders’ CEO Than Merrill shares some interesting stats and trends for real estate in 2015. Highlights include:

A 10.4% increase in total existing-home sales.
A 5.7% increase in the median price.
A reduction in distressed sales, with foreclosures and short sales dropping from 14% of all home sales to just 10%.
40% of all homes are sold within 30 days.
The average price is up 28.2% in the past 3 years.

via thanmerrill.com

Real Estate Trends 2015