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Mary Carlton; GRI, SRS, ABR
Broker / Licensed in the State of Oregon Total Real Estate Group 2900 NW Clearwater Dr., Ste 320 Bend, OR 97703 541-668-1632  |  541-330-0589

10
Aug

Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]

Existing Home Sales Cooling Off This Summer [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year.
  • Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures, but still remains under the 6-month supply needed for a normal market.
  • NAR’s Chief Economist Lawrence Yun had this to say: “There continues to be a mismatch since the spring between the growing level of homebuyer demand in most of the country in relation to the actual pace of home sales, which are declining. The root cause is without a doubt the severe housing shortage that is not releasing its grip on the nation’s housing market.”
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Mary Carlton; GRI, SRS, ABR

Broker / Licensed in the State of Oregon Mobile: 541-668-1632 Fax: 541-330-0589

Total Real Estate Group
2900 NW Clearwater Dr., Ste 320
Bend, OR97703

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