From the daily archives: Tuesday, October 27, 2009

Falling Home Supplies Mean More Multiple-Offer Situations For Buyers

By On October 27, 2009 · In Uncategorized

The national housing supply fell to a 2-year low last month, according to the National Association of Realtors®.

At the current sales pace, existing home inventories would sell out in 7.8 months — 30 percent faster versus November 2008.

For a 10-month window, that’s a major [...]

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