Where Have All the Houses Disappeared To?

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Real Estate

Why is inventory falling so dramatically? I thought the housing market had softened.
A year ago, that was the case – but the market shifted again.

What does this mean if you’re a homeowner thinking of selling?
Now is a great time to consider putting your home on the market. The competition (number of houses on the market) has not been this low in decades. It’s best not to wait for the inventory (both existing homes and new construction) to increase in the spring, as it always does

Bottom Line
The supply of homes for sale is at a historic low. Buyer demand is surprisingly strong. Now would be a great time to sell.