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.
Wednesday, January 15, 2020
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment