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John Palumbo headshot

John Palumbo

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 169369

Market Update

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July 23, 2021

As housing market frenzy fades, inventory slowly returns

According to HousingWire, after four consecutive months of declines, existing home sales increased in June, jumping 1.4% from May to a seasonally adjusted annual rate of 5.86 million, according to the National Association of Realtors. You can thank...

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John Palumbo headshot
John Palumbo
Team Lead Loan Officer
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231 Union Blvd, First Floor, Totowa, NJ 07512
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NMLS # 169369

State License #AL-86049, AZ-1033396, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI169369, CO-100535396, CT-LO-169369, DE-MLO-169369, FL-LO84, GA-169369, IL-031.0091229, IA-52580, IN-58975, KS-LO.0054669, KY-MC829598, MA-MLO169369, ME, MD-169369, MI-169369, MO-169369, NH, NJ-9941589, NY, NC-l-205970, OH-MLO-OH.169369, PA-26661, SC-MLO-169369, TN-169369, TX, VT-MLO-169369, VA-MLO-62051VA, WV- LO-169369