Lack Of Existing Home Sales Inventory Impacting Sales

Dated: 11/16/2016

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Lack of Existing Home Sales Inventory Impacting Sales [INFOGRAPHIC] | MyKCM

Some Highlights:

  • 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.

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Bonnie Lelak

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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