www.HomeCatch.com offers the August 2013 Housing Market results from DS News…. and it’s Grrrreat News !!
August Existing Home Sales at Pre-Recession High
The increase in sales came as the median price of an existing single family home in August dipped slightly from July, down $300 to $212,100. It was the second straight month-month price drop.The inventory of homes for sale edged up to 2.25 million from 2.24 million in July, computing to a 4.9 month supply down from 5.0 in July and the lowest since February’s 4.7 month supply.