The national housing supply fell to a 2-year low last month, according to the National Association of Realtors®. At the current sales pace, existing home inventories would sell out in 7.8 months — 30 percent faster versus November 2008. For a 10-month window, that’s a major housing supply reduction and it helps to explain why […]
Does Shrinking Inventory Mean Buyers Need to Hurry?
October 30th, 2009 · Comments Off on Does Shrinking Inventory Mean Buyers Need to Hurry?
Tags: Consumer Interest · Economy