Home prices spiked again, according to the May 2017 Existing Home Sales Index. Total unsold inventory saw a slight uptick compared to April 2017, but is still relatively low, and median home prices are continuing to rise. Seasonally adjusted, there were 5.62 million existing homes for sale, a small increase from April 2017, but how long will this trend sustain itself?
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Are Private Investors Saying Goodbye to the Market?
As housing is inches closer to fair value due to rising home prices and distressed properties for sale continue to decline, private investors are finding it harder to find ...
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