The shortage of homes for sale earlier in the year created an imbalance of supply to demand which resulted in double digit year-over-year price increases nationally. According to a recent Wall Street Journal article, the inventory of homes for sale is now beginning to reach more normal levels. The article reported: “Housing inventories increased in […]
New construction is back, and according to sources spending is at 2008 levels! This year we’ve assisted in 12 new construction transactions, and have experience both representing builders & buyers. “Private residential construction spending rose 0.6% to a seasonally adjusted annual rate of $334.58 billion, the Commerce Department said Tuesday. Though not adjusted for inflation, […]