Looking to buy your first home? Good luck: You've got about one week
CBSN
House-hunters, start your engines. Even as home prices surge to record highs, properties across the U.S. are selling faster than ever, typically getting snatched up after only one week on the market.
That's the shortest stretch in home-selling history, according to the National Association of Realtors (NAR). Before the pandemic, homes would sit on the market for roughly three weeks before they were sold, according to NAR data.
"Buyers are moving quickly during the pandemic" in part because there are fewer homes in their area to choose from, Jessica Lautz, the realtor group's vice president of demographics, said in a statement.
Two climbers were waiting to be rescued near the peak of Denali, a colossal mountain that towers over miles of vast tundra in southern Alaska, officials said Wednesday. Originally part of a three-person team that became stranded near the top of the mountain, the climbers put out a distress call more than 30 hours earlier suggesting they were hypothermic and unable to descend on their own, according to the National Park Service.
There's no making up for what Olympic hurdler Lashinda Demus lost on the day she finished .07 seconds behind a Russian opponent who, everyone later learned, was doping. What the American 400-meter hurdles champion will finally receive is a great day under the Eiffel Tower where she'll be presented with the gold medal she was denied 12 years ago at the London Olympics.