Wednesday, July 27, 2016

Affordability constraints hold back pending home sales

Pending home sales barely moved in June as current market conditions such as low inventory and high home prices prevented more growth. Until inventory conditions markedly improve, prospective buyers are likely to run into situations of being priced out of the market or outbid on the very few properties for sale. http://www.housingwire.com/articles/37633-affordability-constraints-hold-back-pending-home-sales ❤️ #share #mortgage



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