Despite the challenges of ongoing political uncertainty,
extremely tight inventory conditions, and home values that continue to rise, existing home sales rose 2.0 percent in October, according to the National Association of Realtors (NAR).
Despite stronger buyer interest in most of the country,
extremely tight inventory conditions and weakening affordability caused both existing - home sales and pending sales to decline in January.
Not exact matches
In a market with
extremely tight inventory, buyers tend to be a bit more forgiving about
condition because it might be difficult to get into contract.