Low Housing Inventory Drags Down Housing Numbers

Michael Stone | 863.412.9733 Featured , Winter Haven Real Estate Market Leave a Comment

Low Inventory Stalls Sales in July But it’s not all doom and gloom as the headlines would lead you to believe. Yes closed sales and pending contracts are on a 3 month decline, but the underlying reasons are actually good news. Tight inventory levels shed light on the healthy demand for housing which is favorable news for sellers. While interest rates …