25% of Homes with a Mortgage are Now Equity Rich! Wednesday September 19th, 2018 For Sellers, Housing Market Updates, Move-Up Buyers Rising home prices have been in
Existing Home Sales Slowed By A Lack Of Listings INFOGRAPHIC
http://d39ah2zlibpm3g.cloudfront.net/wp-content/uploads/2017/11/22152121/20171124-EHS-Report-STM.jpg" width="666">Some Highlights:
The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply.
Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from October 2016.
NAR’s Chief Economist, Lawrence Yun, had this to say: “While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.”
Frank Provencal has over 20 years of combined public service with the Maine Department of Corrections and the U.S. Army. He brings to eXp Realty the same level of confidence, dedication and attention ....
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