31sec snip

HousingWire Daily  cover image

Logan Mohtashami on why home prices will cool down

HousingWire Daily

NOTE

Impacts of Changing Credit Markets on Housing Inventory

The credit markets significantly changed after 2010 leading to a notable increase in housing inventory. In March 2022, there were only 240,000 single-family homes, which has now increased to 570,000. This 36% increase year over year indicates a shift in the market, although it is considered a small step. The NARs data shows about 1.21 million, highlighting a positive trend in the housing market that could lead to greater market stability.

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