The strongest quarterly sales pace in a decade lowered inventory levels and caused price growth to accelerate during the first three months of 2017.
When inventory is low, home prices tend to go up. Trying to buy in this type of market can make the complex process of homebuying seem overwhelming.
After a slip in business in 2015, the income and sales volume of REALTOR® members increased in 2016.
The Department of Housing and Urban Development today announced the nomination of Pam Patenaude as deputy secretary.
Pending home sales in March maintained their recent high level, but momentum slowed slightly in most of the country because of low inventory.