Latest / BiggerPockets Real Estate Podcast
925: BiggerNews: Housing Inventory Up 24%, Are We Returning to “Normal”? w/Mike Simonsen
Housing inventory has shot up over twenty percent year-over-year. So, are our low inventory struggles finally behind us? During the low interest rate days, housing inventory couldn’t keep up with demand. Within days of posting a listing, properties had already gone under contract, and buyers could no longer bid. But now, with higher interest rates, we’re finally starting to see a return to “normal,” but a rate cut could take us back to scarce inventory in an instant. So, is now the time to buy?
Mike Simonsen from Altos Research joins us on this BiggerNews episode to give an update on housing…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.