Subscribe in a reader

Kris and Kim's Blog

Great Stuff on Interesting Topics
Housing Inventory Challenges Causing Home Sales To Slow

Housing Inventory Challenges Causing Home Sales To Slow

 

Housing Inventory Challenges Causing Home Sales To Slow

Some Highlights:

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
  • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800.
  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

In conclusion:

We need more homes to sell. Home prices are increasing due to lack of inventory. If you want to sell in the future, rethink your approach. Builders inventory will be increasing as new, less pricy, smaller homes are being built. Call us today and we can discuss the right price to get your home sold fast. Don’t miss out on this opportunity.

Kris and Kim Darney – REALTORS® – Grandparents – 714.657.6634 – CA BRE# 01930954; 01464957; 01458057

[afview limit=10 title=”Affinitomic Relationships:”]

Summary
Housing Inventory Challenges Causing Home Sales To Slow
Article Name
Housing Inventory Challenges Causing Home Sales To Slow
Description
Housing Inventory Challenges Causing Home Sales To Slow: New home prices slowed as builders have started to turn their focus toward single family, smaller
Author
Who
Kris and Kim Darney Your REALTORS® For Life
Us
Neighborhood Updates In Your Email!

Neighborhood Updates In Your Email!

Join our mailing list to receive the latest news and updates from K&K.

You have Successfully Subscribed!

Pin It on Pinterest

Shares
Share This
%d bloggers like this: