Florida Real Estate Market | The Numbers That Drive Real Estate: Inventory
Posted on July 29, 2009
Filed Under Florida Real Estate Market Update | No Comments yet, your thoughts are welcome
In our next installment of the Keller Williams report: The Numbers That Drive Real Estate, we look at Inventory…
Housing inventory at the end of May fell 3.5% to 3.8 million, representing a 9.6-month supply at the current pace of sale, down from a 10.1-month supply in April.
While sales have steadily increased over the past four months and pending home sales indicated even stronger activity, some poor appraisals are stalling transactions as faulty valuations inhibit buyers from securing financing.
Inventory:
Number of homes available for sale
Check back for the next installment in this series: The Numbers That Drive Real Estate: Mortgage Rates.
Jennifer Mackay
850-774-6582
www.jennifermackay.com
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Author : Jennifer Mackay - Posts:284
Jennifer Mackay is an award winning real estate agent and Keller Williams team leader in the Panama City Florida area. Her website: Panama City Real Estate provides guidance, information and free buying and purchasing features for registered visitors. Follow: @realtorjennifer | Facebook
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