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Started By
Message
2
Posted on 4/24/24 at 3:20 pm to Dawgfanman
quote:
In April 2019 there were 1.137 million homes for sale, in March 2024 there were 694,000.
Link? Because NAR says otherwise
quote:
Total housing inventory registered at the end of March was 1.11 million units, up 4.7% from February and 14.4% from one year ago (970,000). Unsold inventory sits at a 3.2-month supply at the current sales pace, up from 2.9 months in February and 2.7 months in March 2023.
LINK
Posted on 4/25/24 at 7:12 am to Dawgfanman
There’s a lot of shadow inventory on the market. Large new home builders do huge developments and only list a fraction of the homes to keep the price up.
example video 2:00
example video 2:00
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