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Existing Home Sales Slow Amongst Tight Inventory

Brian Curtis

Brian Curtis started his Real Estate career in 2005 by founding HomeQuest Realty a small firm focused on working with first time buyers...

Brian Curtis started his Real Estate career in 2005 by founding HomeQuest Realty a small firm focused on working with first time buyers...

Feb 8 1 minutes read

Some Highlights:

  • Existing Home Sales slowed down slightly in August but remained 6.2% higher than August 2014.
  • Inventory levels remain below the 6 months necessary for a normal market at a 5.2-month supply.
  • First Time Buyers rebounded in August to make up 32% of sales, matching a 2015 high.
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