In a recent discussion, Mike Aubrey highlighted the persistent low inventory in the housing market, which continues to keep housing prices elevated. Despite a recent decrease in mortgage rates, demand for homes remains strong, aggravated by the limited number of available properties. Aubrey's insights suggest that this combination of high demand and low supply is maintaining pressure on housing prices.
Positive
The housing market is likely to see continued upward pressure on prices due to low inventory, despite lower mortgage rates. Investors in real estate or related sectors might benefit from this ongoing trend.
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