Market update

Dated: February 14 2020

Views: 77

Mortgage rates have dropped slightly this past week and are at near record lows.

Home inventory continues to be below needed levels.  inventory dropped from 2% to 14% below needed levels.

Homes $200,000 and under dropped to 19% below needed levels.

That means for new home buyers competition is tough for the available homes.

For current homeowners, now has never been a better time to sell.

Check out the video below compliments of Steve NArdin at Union Home Mortgage

Market Update Video

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