Monday, June 18, 2012

Lower Inventory Means Higher Home Prices!










With inventory being as low as it is, comparable to 2005 levels, the price point for average sale's price is moving higher.  Multiple offers are causing foreclosures and short sales to not be as good a deal as they once were, because of increased bids.   Closing cost assistance is drying up and low ball offers are just declined and not countered.   Click on photo to enlarge.

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