Tight Inventory Disrupts Pending Sales

April 27, 2017 Scott Morgan

Tight inventory and stiff competition for homes proved disruptive to pending sales in March, according to a new report by the National Association of Realtors. Pending sales activity dropped by nearly a percent since February. But overall activity is still soaring, and in most markets is up from where it was a year ago. Which might or might not be a good thing.

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