Wednesday, January 15, 2020

It's a super confusing market.

All of a sudden there is almost zero housing inventory. I honestly never seen it this low.

Yet when I look at the houses that have recently sold - more than half sold at below asking. A lot -well below.

With numbers like that,  you'd expect a rate increase. It will be interesting to see what happens next. It feels like there was a lot of irrational exuberance out there. Let's see if it hold after the holiday.

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