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re: These real estate markets may be on the cusp of a San Francisco-style affordability crisis
Posted on 3/18/22 at 10:41 am to Paul Allen
Posted on 3/18/22 at 10:41 am to Paul Allen
quote:
For how much longer? 3,5,10 more years?
I’ve not heard of an abundance of inventory available anywhere in the US, here in middle TN we have less than a month of inventory. By definition a healthy sellers market has less than 6 months inventory and above that would be neutral to a buyers market.
I would hope that in 3 years time we can get to a healthier level
Posted on 3/18/22 at 5:35 pm to ItNeverRains
quote:Same here in Alabama.
here in middle TN we have less than a month of inventory
What’s really going to suck is when we get another rate hike and everyone on the fence tries to get something.
Bad? I don’t think we’ve seen the kind of crazy that’s going to generate. It’s starting now, but will be worse come July IMO
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