Real Estate rates up for sixth week in a row

Inman News has an article with some details on the current state of affairs in the real estate financial markets.

How is this affecting home sales? I haven't seen much change. There was too much over-priced inventory (due to overly optimistic sellers) in July, but now that we're into August, the inventory has dropped dramatically and we're seeing a stronger seller's market again.

Expect to see more inventory hitting immediately after Labor Day, with the market staying strong for sellers into October and perhaps November. Buyers will see more opportunity in November and December, albeit with less inventory and far fewer choices than in the early-Fall.