My Summary
- Existing home Sales in may hit the highest mark since 2009
- Buyers are back
- Investors are stepping out
- There is a housing shortage
- The principal reason for the inventory shortage-- builders have not been building for the Past 5 years.
- There is not massive shadow inventory that can disrupt the market
- The Federal Reserve will be raising rates soon
- All in all, new and existing home sales will be rising
