This is up from 27% last October but down from 31% last November. First-time purchasers have accounted for For 40% of sales historically. Limited inventory, in particular at the lower end of a given market's price range, helps to drive prices higher.

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Still, the housing supply on the marketplace is about 30% less than it was prior to the pandemic. "We are seeing sales increase because of this increase in inventory of inventory," Yun said. Home buyers who could afford to purchase in November have benefited from an increase in the number of homes available. There were 1.33 million unsold homes at the end of last month, down 2.9% from October, but up 17.7% from November last year, NAR said. The Federal Reserve decided to cut the main interest rate in September for the first time since more than four-years. Mortgage buyer Freddie Mac reported that it was 6.6%.

Even though home sales were up in November and October, they still lag behind last year's pace when they plunged to a nearly 30 year low. Metabolic syndrome can affect your ability to lose weight. Answering these questions helps us understand what your condition is.

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