You may have heard inventory just hit a post-pandemic high. And nationally, it’s up more than 30% from this time last year.
That might have made you start to worry: “does this mean the market is going to crash?” Here’s some perspective that can help.
Even with that jump (shown in the white line), we’re still well below normal levels (the gray lines in the graph). And beyond that, we’ve been in a housing shortage for years because builders haven’t been able to keep up with demand.
So, rising inventory isn’t a warning sign – it’s a signal the housing market is finally returning to a more stable, healthy place.
If you want to know what inventory looks like in our area, let’s talk.
#HousingMarket #Homebuying #KeepingCurrentMatters
