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Fewer Affordable Homes Available For Sale

Affordable Homes

The biggest shift in homes available for sale has been in the lowest price range in our market, under $200K homes.  There are now 30% fewer homes for sale in this price range as compared to three years ago.  This shift in the lowest price range is the most significant shift as compared to the other three price ranges shown above.  The only price range in which we are seeing increased inventory levels is in the $400K + price range.
  

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Home Price Gains in the Context of Inflation

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