The supply of houses on the market is at a 50 year low. WHAT? Really. According to CNBC.
Six years ago, inventories were at an all time high. Mark Kiesel of CNBC states, “You’ve got new-home inventories at 50-year lows, existing inventories at 7-year lows and the shadow inventory has fallen by a million and a half.”
So what is the conclusion I get from this? It is a great time to put a home on the market - less competition.
Get more information - http://www.cnbc.com/id/49278310/
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