REALTORS: HOUSING INVENTORY AT ALL-TIME LOW » Mortgage Masters Group

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Introduction to Mortgage Loans | Housing | Finance & Capital Markets | Khan Academy Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years. According to the National Association of REALTORS, Existing Home Sales for December 2012 fell to a seasonally-adjusted, annualized rate of 4.94 million homes from November’s tally of 4.99 million existing homes.

How to buy a house that hasn’t been built yet. With the supply of existing homes available to buy at "an all-time low" nationwide, according to the National Association of Realtors.

The weakness in housing comes despite cheaper mortgage. low in June. According to the NAR, there was a 19% drop from a.

"Since NAR began tracking this data in May 2011, the median days a listing was on the market was at an all-time low in April, and the share of homes sold in less than a month was at an all-time.

Low interest rates. mortgage interest rates are at very favorable levels. According to Freddie Mac, the 30-year fixed-rate mortgage rate hit an all-time low in early October-the lowest in the 40 years that Freddie Mac has been tracking rates–as did the 15-year fixed-rate and 5-year ARM.

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If they weren’t already struggling enough with today’s tight market, housing inventory now sits at an all-time low. According to the Texas Association of Realtors, this could become a larger.

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Zillow is down 52% after hitting an all-time high of $65 in mid-June. Zillow Group is sort of a "derivative" of the housing market. It "derives" its revenues from all activities related to home sales.

an increase of more than 1 percentage point from an all-time low in October, according to data compiled by Bloomberg. Higher loan rates “won’t be fun” for a fragile housing market, said Scott Simon,

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