Hey Friends,
I’ve got another 4 fun facts for you today. I hope you have a great weekend!
Blessings,
Andrew
Fun Fact 1:
Home prices in the US are up over 90% in the last 10 years, more than double the increase in wages.
Source: Charlie Bilello
Fun Fact 2:
The months’ supply of existing homes in the US has moved up to 4.7, the highest we’ve seen since 2016.
Source: Charlie Bilello
Fun Fact 3:
There are now 511,000 new homes for sale in the US, the highest inventory since October 2007.
Source: Charlie Bilello
Fun Fact 4:
Home sellers are now estimated to outnumber buyers by nearly 500k, the largest gap on record with data going back to 2013.
Source: RedFin
Quote I’m pondering:
“I think that I now understand what he is up to. He is plotting to become a Power. He has a mind of metal and wheels; and he does not care for growing things, except as far as they serve him for the moment.” -Treebeard describing Saruman in The Lord Of The Rings, J.R.R. Tolkien
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.