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Lower Mortgage Rates are Causing an Epic Housing Shortage in California.


PUBLISHED TUE, OCT 15


National housing inventory fell 2.5% annually in September, a sharper decline than August’s 1.8% decrease, according to realtor.com

The supply of homes priced between $200,000 and $750,000, which make up 60% of the market, flatlined in September, after 18 months of strong inventory growth. Supply is now expected to decline in the months ahead.


Read More… https://www.cnbc.com /2019/10/15/lower-mortgage-rates-are-causing-an-epic-housing-shortage.html

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