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New Home Inventory Sits at a 3.5-Year Low

According to recent numbers crunched by the NAHB’s Eye on Housing, new home inventory is sitting at a 3.5-year low. They point out that even with the level of sales remaining high, they exceeded construction starts by historic margins at the end of summer – driving new home inventories to a more than three-year low. Continue reading HERE...

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The National Association of Realtors is reporting that existing home sales were up 14.5% in February to a seasonally-adjusted annual rate of 4.58 million (down 22.6% year over year). Total housing in

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