Real estate blog entries tagged with existing home inventory february 2011 by Dean Tucker Benchmark Mortgage

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Home : Blogs : Dean Tucker (Mortgage Banker) : Home Mortgage News for Boise Idaho Benchmark Mortgage Prime Equity Group : Tag "existing home inventory february 2011"

existing home inventory february 2011: Housing Picture Continues to Brighten - 02/28/11 01:38 PM

Existing Home Sales continued their upward climb in January. This is the fourth month in a row where we have seen month-over-month gains in the number of units sold. The National Association of Realtors reported that sales rose 2.7% from December. Also, the inventory levels decreased again:

The number one reason that the housing market tanked was due to over supply. So, with home sales increasing and inventory levels decreasing, this is certainly a trend with some momentum. All cash sales and distressed sales did increase last period. But any way that the excess inventory is gobbled up is … (0 comments)

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