Fast-Closing Real Estate: Data Reveals the U.S. States Where Homes Sell the Quickest
Discover the states where homes are flying off the market. From Rhode Island to Hawaii, find out from our expert which states sell the quickest and which take their time
Key Findings:
- U.S. states like Rhode Island, Connecticut, and New Hampshire offer fast-moving opportunities for investors and buyers
- Slower markets such as Hawaii, Florida, and Louisiana present challenges that require strategic patience
- Property expert suggests whether you are buying or selling a home, understanding the intricacies of the local market is crucial
The U.S. states of Rhode Island, Connecticut, and New Hampshire are the fastest-moving markets in the country for selling a house, a new study from SoCal Home Buyers reveals, despite the challenges faced by the real estate industry in a post-pandemic economy.
The study also shows that some states face the slowest home sales, with unique challenges that can significantly extend the time it takes to close a deal. Hawaii tops the list, followed by Florida and Louisiana.
The study takes an in-depth look at the U.S. states where homes move the fastest, as well as those where the process is more drawn out, offering opportunities and challenges for buyers and investors eager to jumpstart their real estate business.
In June of this year, existing-home sales tumbled by as much as 5.4 percent, with the median sales price increasing to…