Light at the End of the Inventory Tunnel?
Posted by Ri Prasad on Friday, May 13, 2022 at 2:14 PM By Ri Prasad / May 13, 2022 Comment
Realtor.com’s April market report shows that while the inventory problem is still a problem, it’s finally starting to become less of a problem. Here were the most notable takeaways from that report:
This is a good sign. Finally, we could be returning to normal. It’s definitely been abnormal to see homes getting 30+ offers. Inventory has been the talking point of this industry for the past 18 months, and we all know that if the supply can match the demand, it will be better for our industry in the long run. This is amazing news for anyone who has been priced out of the market because of bidding wars. This could be your time to get back into the mix.
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