There’s data showing that existing home sales are down as are housing starts. But here’s the deal, the freakishly cold winter is the cause for a lot of this. Here’s what else we know. Millions of current renters want to buy this year. So you might say, “yeah but there’s no inventory.” Not so fast Jack, despite the wicked winter, inventor is actually on the rise.
What’s more, we’ve seen an increase of $4 trillion in home equity nation wide, which means if you’re a real estate agent, you should jump on the phone because there’s listings in that past client database of yours.
Source: National Real Estate Post