Inventory Challenges Continue!

By
Mortgage and Lending with The Christian Penner Mortgage Team NMLS# 368289

Inventory Challenges Continue!

Inventory Challenges Continue!

Some Highlights:

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
  • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800.
  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

 

 

 

Read from source..>>

 

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Questions, Comments or For more information you can contact Christian Penner at: Call/Text: (561) 316-6800 or visit us online at www.ChristianPenner.com

The Christian Penner Mortgage Team, A Branch of 
American Financial Network, Inc

CORP NMLS# 237341 ; Equal Opportunity Employer ; Equal Opportunity Lender American Financial Network, Inc. 10 Pointe Drive, Suite 330, Brea, CA 92821.

Call/Text: (561) 316-6800


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Call/Text: (561) 316-6800

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Topic:
ActiveRain Community
Location:
Florida
Tags:
existing home sales
new home sales
smaller homes
new home prices
existing home prices
existinghomesales
newhomesales
existinghomeprices
newhomeprices
smallerhomes

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

My area is so short that new homes are cheaper...if you can find a bu ilder not full for the year.

May 26, 2017 08:33 PM #1
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Christian Penner - this is the same scenario in most of the part of the US! Shortage of inventory - almost everywhere.

May 26, 2017 11:14 PM #2
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Rainer
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Christian Penner

Your Mortgage Lender - 561-316-6800 | 561-373-0987
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