Sales, Prices and Inventory on the Rise

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss some key industry indicators that are on the way up: Home sales, price and inventory. Today's article from the National Mortgage Professional "Homes sales rise - along with prices and inventory" states that home sales are up 4.2% from last year with a 17% rise in inventory due to so much demand. 

Everything's up - including home prices. Things are improving month after month, revealing a lot of pent up demand. People are getting into the market despite circumstances. This is great news, and this year is definitely looking up compared to last years housing market.

Listen in as we discuss this and more! 

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

Visit our website at nflp.com/licenses for all state licensing and other legal information.

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.