The NAHB just reported that the recent increase in prices may be adding inventory to the housing market because sellers that previously couldn’t sell now can. The Federal Housing Finance Agency reported national home prices were up 6.5% from January 2012 to January 2013. Total inventory currently represents a national supply of 4.7 months versus 6.4 months one year ago.
In the News
Posted by Denise Lones on March 28th, 2013