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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 492
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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 404
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. For example, Compass has access to off-market exclusives through Compass Private Exclusives and Coming Soon, which is particularly important in a low-inventory environment.” million to 5.6 million homes in 2026,” Reffkin said.

Agents 330
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DataDigest: Did a Fed meeting change everything for 2024?

Housing Wire

In addition to predicting mortgage rates, they based their predictions for home sales and home starts largely on mortgage rates, as several experts have stated: “The story this year and the story next year depend on two variables: mortgage rates and inventory.” by the end of the year. in the first half of next year.

Mortgage 385
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Eastside Residential Market Sees Big Gains in Sales, Prices

Will Springer Realtor

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. However, we are missing the typical boost of sellers. Inventory stood at 1.3

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Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

Total inventory remains low, however, keeping prices higher on an annual basis. People are seeking to move on as they experience life-changing moments – if they can afford what sellers are seeking. months’ inventory, up from 1.4 months’ inventory (2.0 Single-family inventory rose to 1.6 in Q1 2025 (6.3%) 5.6%

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Confirmed: We’re not in a housing bubble.

Cornerstone

That’s the question on every homebuyer and seller’s mind. Lawrence Yun, NAR’s (National Association of REALTORS®) Chief Economist, recently stated : “[This] is not a bubble. Home prices are climbing because of record-low inventory levels that can’t meet the needs of today’s buyers. percent 2025: 3.5