Real estate blog entries tagged with nar stats newport ri home sale statistics rhode island and across the country by John Cain : Broker Associate (Keller Williams Realty of Newport)

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Home : Blogs : John Cain : Broker Associate : John Cain's Rhode Island Real Estate Blog : Tag "nar stats newport ri home sale statistics rhode island and across the country"

nar stats newport ri home sale statistics rhode island and across the country: Inventory of unsold homes hits 15 year high! What's going on in your neck of the woods? - 08/27/07 05:03 PM

NAR reported today that the inventory of single-family unsold homes is up to a 9.2 month supply. I'm sure you'll all agree that the "mortgage meltdown" certainly isn't helping matters. The last time we saw inventory this high was back in October of 1991. For all types of properties (single family, condos, etc) the average is up to a 9.6 month supply but NAR has only been tracking those stats since its last high in '99.
What's going on in your neck of the woods?

Posted by:
John CainBroker AssociateKeller Williams Realty of Newport
809 Aquidneck AvenueMiddletown, RI 02842
… (3 comments)

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