usctrojancpa
Well-known member
As I've been saying for month, we have been experiencing low resale home inventory in the sub $1m market in Irvine and looks like same issue is affecting other areas as well per the article below.
https://www.yahoo.com/finance/m/39f3e750-cdbf-3855-8d73-bec99bfbf16f/pending-home-sales-lurch.html
This low inventory will lead to lower sales volume as there are less homes coming onto the market for sale.
https://www.yahoo.com/finance/m/39f3e750-cdbf-3855-8d73-bec99bfbf16f/pending-home-sales-lurch.html
This low inventory will lead to lower sales volume as there are less homes coming onto the market for sale.