03/23/2022
There were 407,000 homes for sale at the end of February, which is up 33% from last year. But of th 407,000 homes for sale, only 35,000 or 9% are actually completely.
The rest are either not started or under construction. There is a 6.3 month’s supply, but when you factor in the homes you can move into today, it’s about half a month.
With rates on their way into 5% for Conventional loans & 4%-4.5% for FHA,VA,USDA as well as more rate hikes in the future per the Federal Reserve Board, it’d be wise to see what I could do for you as soon as possible before the move on up higher!
Feel free to ask me any questions or concerns you may have!
📲: 559.803.2987
✉️: [email protected]
