The supply of homes for sale fell to a record low, down 16.5% from a year ago. Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% from the prior month to a seasonally adjusted annual rate of 6.5 million. January sales fell 2.3% from a year earlier, though the median existing-home price […]
Author Archives: Williams Tange
Most And Least Expensive States To Live In 2022
The increasing pressure of inflation on the American economy, and household, is making cost of living an even greater issue than it had already been. According to the Bureau of Labor Statistics (BLS), the consumer price index for all items increased by 7% over the last 12 months from December 2020 to December 2021. That’s the […]
Housing Inventory Has Never Been Lower
It’s official – housing inventory in America is at a crisis level. The number of active listings hit an all-time low during the week ending November 28, according to a Redfin report published on Wednesday. During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in […]