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 Prices
Good News for Home Buyers
Federal Reserve Chairman Jerome Powell announced at a press conference in April: It’s “a great time to be patient”. This statement followed the Federal Reserve vote to hold interest rates steady.