Mortgage Rates at Highest in More Than a YearBy RISMedia Staff Share This Post Now! The average 30-year, fixed mortgage rate is at its highest in more than a year: 4.32 percent, according
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.
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Hi, Bill is the founder of the Burg Realty Group and is licensed in 2 states and he is involved in business success coaching with businesses all across the United States. Helping them grow their bus....