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Inadequate Inventory Driving Prices Up

Tuesday, January 03, 2017   /   by Ryan Huemmer

Inadequate Inventory Driving Prices Up

The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices.

We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item goes down, driving prices up.

Read article here.