The median home sale price in the U.S. rose by 2.8 percent from the previous year in June, marking an all-time high of $311,300, according…
Posts published in “low inventory”
Housing inventory across the U.S. was down 27.4 percent year over year, or approximately 363,000 fewer homes during the same period last year. Source: Inman…
Homes sold in the U.S. during the second week of June stayed on the market for about 22 days, the lowest number of median days…
Agents in Maryland say the market has rebounded quickly from the initial shock of the pandemic, but inventory remains low. Source: Inman News
For agents in Massachusetts, the biggest struggle amidst the COVID-19 pandemic has been the lack of available inventory. Source: Inman News
Low mortgage rates and a lack of inventory have created a highly competitive market. In San Jose, one homebuyer had to put 50 percent down…