Home Inventory Challenges Continue!

Inventory Challenges Continue! [INFOGRAPHIC] | MyKCM

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.
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Author: Joe Farro

We have created a unique process to evaluate your mortgage needs and assist you in determining the right mortgage. Our Home Express Mortgage Plan is the answer to your home loan needs. This blog discusses the many topics surrounding mortgages and the housing market.

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