Buying Real Estate

444,000 Unsold Houses [Highest Since 2008] Buyer’s Market?

444,000 Unsold Houses [Highest Since 2008]

New home construction unsold homes are on the rise. Are we headed toward a buyer’s market?

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Referenced Articles:

Housing Bubble Getting Ready to Pop: Unsold Inventory of New Houses Spikes by Most Ever, to Highest since 2008, with 9 Months’ Supply, Sales Collapse at Prices below $400k

https://fred.stlouisfed.org/series/ACTLISCOUUS

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Disclosure: Steve Daria is a real estate broker. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# BK3030453.

#HousingMarketUpdate #BuyersMarket

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