Susan Smither - Simply Great Real Estate


Questions to Ask Your Home Builder
  • Post By : New Home Ambassador
  • new home construction,new home builders,builder trade in program,new home ambassador


Existing Home Sales Slowed by a Lack of Listings
  • Post By : New Home Ambassador
  • new home ambassador,listing inventory,existing homes,economics

  • The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply.
  • Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from October 2016.
  • NAR’s Chief Economist, Lawrence Yun, had this to say: “While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.”

Housing Starts Up Sharply, Near Post-Recession High in October
  • Post By : New Home Ambassador
  • new home ambassador,housing production,permit issuance,housing market,recession


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