In Today's episode, I am going to discuss the upcoming visit from Missouri Governor to Smithville, Double A Co-op, and A Meal That Counts a new business in downtown Smithville and some recent facts and figures posted in Outfront a weekly newsletter published by Keller Williams.
Starting with the Smithville update: Double A Co-op and A Meal That Counts is now open in downtown Smithville. The owners are tremendous people and I joined the highest level of Membership the Co-op offers this past Saturday. Governor Mike Parsons will be touring the facility on Thursday afternoon at 2:00 p.m. He will be touring the store and talking about the importance of farmers and Co-ops.
In your National News update, U.S. Existing home sales reached the fastest sales price since 2006 in August, as sales climbed to a seasonally adjusted annual rate of 6 million. This was a 10.5% increase compared to August 2019. Inventory remains extremely low at 3 months of supply and overall listings are down 19% compared to August 2019.
Home Prices continue to accelerate. NAR Pending sales were up 8.8% in August
New Home sales were up 43% year over year in August, as low mortgage rates and the low inventory of existing homes combined with remote work to put new homes in high demand. This was above the consensus forecast and the fastest pace since 2006.
