Lack of housing inventory is weighing down the market

Lack of housing inventory is weighing down the market
Mortgage applications are up, but home sales are down, and lower rates don’t seem to be making an impact. What gives? Blame a lack of housing supply, according to a recent report from Capital Economics, which noted that “qualifying for a mortgage is of little help if you can’t find a home to buy.”
Source: https://www.housingwire.com/rss