Inventory Up, Sales Drop, Prices Hold Steady in July
We're finally starting to see the effects of the massive rate hike from late spring. All the contracts from late May through June that closed in July are giving us a real indication of the market slowing down for the first time in about a decade. But fear not, a slow down certainly doesn't mean a decline in prices, just a tempering of appreciation that was out of control. Finally, buyers mig…Read More