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  • Brad Brondt

Drop in Inventory Fuels Sales Slowdown


Some Highlights:

  • Existing Home Sales are now at an annual pace of 5.46 million.

  • Inventory of existing homes for sale dropped to a 4-month supply, marking the 35thmonth in a row of declines.

  • The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains.


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Acre Mortgage and Financial, Inc.

NMLS# 13988

400 Sheppard Rd.

Voorhees, NJ 08043

(866) 416-7156

The Brondt Cook Group