Homes Spending Less Time on Market: NAR

Homes are spending less time on the market as supply conditions tighten, according to a report from the National Association of Realtors (NAR) released Wednesday.

The median time homes stayed listed was down 29.6 percent to 69 days in July compared to 98 days in July 2011. While the overall median is down, the report stated one in five homes bought in July stayed on the market for at least six months.

For complete article:  http://www.themreport.com/articles/homes-spending-less-time-on-market-nar-2012-09-05