US Home Prices are Up 9%, Inventory is Down 30%

US Home Prices are Up 9%, Inventory is Down 30%

#home #shortage #demand In spite of the chaotic economic downturn last Spring, a home buying frenzy boosted home prices by almost 9% and pushed available housing inventory down 30% in August compared to the same time last year, according to Zillow.  A foreclosure moratorium on federally-backed mortgages which was designed to keep people in their homes […]