The Low Inventory Market continues

My how time flies.  It seems like yesterday I ran this report and yet, here it is just now being shared.

Week
ending
Newly
Listed
Back on
Market
Price
Increase
Price Reduction Under
Contract
SOLD
22-Jun 50 17 6 17 62 34

As you can see from the chart above, we are maintaining our inventory or gaining slightly.  Short sales continue their peculiar ways, and REOs (bank owned) have dropped off dramatically.  What’s left?  EQUITY SALES!  That’s right, good ole traditional owner-to-buyer sales!

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