Lack Of Existing Home Inventory Slows Sales Heading Into Fall INFOGRAPHIC

Dated: 09/22/2017

Views: 60

Lack of Existing Home Inventory Slows Sales Heading into Fall [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.

  • First-time homebuyers made up 31% of all sales in August.

  • Homes are selling quickly with 51% of homes on the market for less than a month.

  • A limited supply continues to drive up prices for the 66th consecutive month.

David Nelson

2016 Associate of the Year - RE/MAX Advantage Plus 2016 Platinum Award winner - Individual 2016 Titan Award - Imperial Home Team Twin Cities Real Estate Agent of the Month - December 2016 Member o....

Want to Advertise on this Site?

Latest Blog Posts

Lack Of Existing Home Inventory Slows Sales Heading Into Fall INFOGRAPHIC

Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 31% of all sales in.

Read More

Why Are So Few Homes For Sale

There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of,

Read More

More Americans Say Now Is A Good Time To Sell

Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents

Read More

Home Sales Expected To Increase Nicely In 2018

Freddie Mac, Fannie Mae, and The Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales

Read More