Listing Inventory Has Been Steadily Growing

Listing inventory has been steadily growing for the last several weeks. We have include a graph in this week’s email to help you communicate this gradual change. Now this increase is positive news for buyers still struggling to find a home, yet at only 748 active listings we still have a long way to go to get to our historically balanced market levels. We will continue to track this trend and keep you updated. To give you some perspective recent studies show that we would have to increase the rate of new builds by 42% annually and build homes at that rate for the next 10 years in order to close the gap on the national housing shortage. Keep elevating the industry!