Home sales rise gradually in region Times Herald-Record "A too-sharp rate of increase can reduce the number of consumers who can afford the higher monthly payments," observed the association, which represents the real estate industry in Orange,...
Donna Bruno's insight:
Personally, I'm seeing a shortage of homes available to show that are in good condition.
We need to be careful with pricing homes and mortgage rates or we will be at the beginning of what got the industry in trouble in the first place.
When prices rise in any way, it can knock out the first time buyers, who make everything else work.