Fewer affordable homes available for purchase
Scott P. Rogers
There are 7% fewer homes for sale under $200K as compared to two years ago.
In contrast, there are 2% more $200K - $300K homes for sale....
...and 20% more $300K - $400K homes for sale....
...and 2% fewer $400K+ homes for sale.
This change (fewer lower priced homes for sale) is another indicator that home prices are starting to increase again.
