Some Highlights:
- Existing Home Sales are currently at an annual pace of 5.46 million.
- The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply.
- Inventory remains low due to high demand from buyers who are still looking for a house to buy!
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Also, if you are considering new construction, remember the builder’s real estate agent represents the builder’s interest, not your’s. There is no cost for you to have a buyer’s agent represent you. In fact, I may be able to help you save money and negotiate for extras which the builder may not let you know about.
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