Don't get too excited about the jump in existing home sales
Briefly

Even with elevated mortgage rates and home prices, lower rates lead to more demand as we are working from historically low levels of sales.
Active inventory is still historically low, and so is monthly supply data. It will be interesting to see where inventory goes this year with the NAR data.
Read at www.housingwire.com
[
add
]
[
|
|
]