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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