Pressure on home buyers has been increasing as home inventories have fallen across the country.  This coupled with rising sales has caused prices to firm up. On the North Shore, October home inventories fell 34% from 12 months a year ago to 7.7 months, year to date sales are up over 20%, and prices have bottomed and are slowly rising.  Mortgage interest rates are at record lows, 3.4 % for the 30 year fixed rate mortgage.  The combination of falling inventories, record low mortgage rates and rising sales has created a terrific wealth creation opportunity for our North Shore home buyers who buy and hold real estate.