Supply Vs Demand

Just because supply is low doesn’t mean you have to go chasing it.

The median — the point where half the homes sold for more and half for less — is now 7% higher than it was in February 2016.
That’s the largest year-over-year rise in 15 months and follows nearly five years of steady price increases, a result of a rebounding economy, low mortgage rates and few homes on the market.

http://www.latimes.com/business/la-fi-home-prices-20170321-story.html

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