Market update.

Good Morning Current Inventory is 12770 units with 1458 units selling.

What were finding now with out listings as long as there priced right they are selling quickly and the properties that are priced higher leaving too much room for negotiations are having problems getting in buyers to view the properties.

With the inflation rate increasing last report, economists are already speculating the policy rate to increase this summer,

If your in the market to purchase a home lock your rates in now it will cost you nothing and you can always adjust if the rates lowers its just precautionary.

Postive news in material costs lumber prices have reached 2018 prices leaving developers and builders an opportunity to build at lower prices to make a profit and sell the home at an affordable price.