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Five Month Supply of Inventory

Five Month Supply of Inventory

Five Month Supply of Inventory

Five Month Supply of Inventory Months of supply gauges how many months it would be for the active inventory of homes to sell, taking into account the current sales pace of home sales.  For example, if there are 500 homes on the market and 100 homes selling each month,...
30 Year Mortgage Rate Drop

30 Year Mortgage Rate Drop

30 Year Mortgage Rate Drop Mortgage rates dropped last month to their lowest point in three months, creating enticement for possible home buyers.  In turn the price of homes continues to rise as shortage of home inventory continues to dwindle. Freddie Mac said that...

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