Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years.
After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%.
The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago.
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm.
Whether you're buying your first home in the state of Washington, considering a second mortgage, refinancing your current loan, or thinking about a reverse mortgage the loan process can be complicated. Follow along with us as we help simplify the…