Some Highlights:The National Association of REALTORS® surveyed their members for their Confidence Index.The REALTORS® Confidence Index is a key indicator of housing market
Lack Of Existing Home Sales Inventory Impacting Sales
Existing home inventory is down 10.1% from last year.
A lack of inventory explains the modest increase in home sales (0.8% year-over-year) despite strong buyer demand.
Existing home prices increased 5.1% year-over-year, which is directly related to the lack of inventory.
Experience with regular home sales, short sales, foreclosures, HUD homes, no down payment program homes, investors who flip homes or buy rentals, commercial properties, land sales, lake front properti....
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There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in