- The supply crisis is hitting housing hard, as strong demand quickly eats up what few listings there are.
- Home shoppers signed 0.5 percent more contracts to buy existing homes in December compared with November, according to the National Association of Realtors.
- The supply of homes for sale at the end of December fell to the lowest level since the Realtors began tracking it in 1999.
An Alternative To Traditional Real Estate Investing
Pending home sales slumped for the third consecutive month in May as thehousing market has begun to see the ill effects of a severe shortage of homes for sale, the National Association of Realtors (NAR) reported.Read More