May 7, 2019 rummy

Even though the supply of houses has yet to catch up with the demand as we wished it would. Home prices have remained affordable to many of the buyer’s delight. This is all thanks to two positive trends we all are enjoying this year. These two factors have helped keep housing affordable despite low supply of houses for sale driving up prices. First American’s Chief Economist, Mark Fleming, explains the impact, “Ongoing supply shortages remain the main driver of the performance gap as the housing market continues to face an inventory impasse – you can’t buy what’s not for sale….