Mortgage loan applications for new home purchases dropped 9 percent in April 2021, and it was the third straight month of reduced application volume.
High Demand and Low Inventory equals Increased Prices, Resulting in Reduced Home Sales
All posts tagged: Housing Inventory
The Pandemics Effect on Housing Inventory
After a long and challenging year created by the pandemic, many potential home buyers are wondering if the available residential real estate inventory will increase as the pandemic subsides, or will it continue to decrease as it did this past year.
Our Nation’s Housing Shortage Crisis
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There is overwhelming statistics proving that our nation is facing a housing shortage crisis. The shortage has caused substantial sales price increases, preventing many potential buyers from affording home ownership.