Existing Home Supply Falls By Nearly A Year
As reported by the National Association of REALTORS®, the number of Existing Home Sales dipped last month, ending the metric’s 5-month winning streak. Newspaper headlines today are overwhelmingly negative on housing. You’d almost believe this year’s housing recovery had ended. That’s hardly...
The National Housing Inventory Fell In December
(Image courtesy: The Wall Street Journal Online) Home prices are largely based on Supply and Demand. * If demand outweighs supply, home prices rise * If supply outweighs demand, home prices fall It’s good news for home sellers, therefore, that “used” homes for sale fell 6 percent nationally...