Missouri is following the national trend of increased home sales with a continued jump by nearly 20% compared to June 2014. In the second quarter, there was a 23% increase in national home sales.
Missouri Relators Association CEO John Sebree says homes are selling faster than previous years.
“The number of days homes are on the market has fallen 7.4% compared to June 2014,” says Sebree.
Sebree says there has been a very diverse group of home buyers this year, with some people downsizing and others moving from their starter homes to bigger properties in order to accommodate growing families.