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Market update
Dated: 02/14/2020
Views: 35
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
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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
IDX provided courtesy of Realcomp II Ltd., via Brookstone Realtors and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
