Summary of the Article
… affordable inventory – appear to be weighing on the real estate market. … According to New Jersey realtors, the inventory of single-family homes for …[otw_is sidebar=otw-sidebar-1]
Despite low mortgage rates and a healthier job market, home sales have started off the year at a subdued pace, dipping in January compared with December, the National Association of Realtors said Monday. Sales nationwide were up from a year ago, however.
Harsh winter weather and a lack of inventory – especially affordable inventory – appear to be weighing on the real estate market.