Wednesday, November 18, 2009

Don't Snooze!

This was a great article that reiterates how urgency needs to be apart of shopping for a home. The supply is low so don't snooze on the home you love while you wait to see what else becomes available! Scoop it up and secure it right away or you may lose it!

http://money.cnn.com/2009/11/18/real_estate/housing_starts_October/

The slowdown in construction means that there are fewer new homes for sale, about 251,000 in all. That's the smallest inventory since 1983, according to real estate analyst Mike Larson of Weiss Research.

"The new home market, which was dramatically oversupplied during the boom, is now dramatically undersupplied," said Larson.

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