Skip To Content

Inventory Finally Bubbled Up – Tom’s Take 320

Our friends at Housing Wire track every single week’s inventory fluctuation, and this has been the biggest complaint for people that are looking to buy or looking to sell because they’ve got to find a place to go.
We saw the first major bump in inventory in weeks, seeing 8,546 new homes come to the market last week.
Spring break was a little late. Easter was a little late. Tax Day got pushed back. So we’re past all those big spring sort of events that people use as excuses not to list their home.
And as a result, we saw a major bump in inventory this past week. Let’s hope that keeps going.
What we also saw last week was that purchase applications were down 10%. That’s likely because there wasn’t enough homes to buy. And now we’ve seen inventory bubble up a little bit here.
Tune into episode 320 of Tom’s Take to find out exactly what all this means for buyers and sellers and how you can make an informed decision wether you looking to buy, sell, or both!

Trackback from your site.

Leave a Reply


About our blog

Our agents write often to give you the latest insights on owning a home or property in the local area.