New home sales remain strong, but the supply numbers are widely misunderstood. Out of 488,000 homes for sale, only 122,000 are actually completed. Most inventory is still under construction or not even started.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate