MReport July 2019

TheMReport — News and strategies for the evolving mortgage marketplace.

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Page 22 of 67

TH E M R EP O RT | 21 FEATURE We continue to see the dynamic of demand outstripping supply among affordable homes. For-sale homes priced at $200,000 or lower are scarce, with the number declining by 8% from a year ago as of April 2019. By contrast, the number of homes for sale priced above $750,000 grew 11% in the same period.

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