U.S. Housing Inventory Drops to a New All-Time Low

U.S. housing inventory dropped 13.6% in January, reaching a new all-time low. Supply shortages are being felt at every pricing tier, but most prominently in homes listed at $200,000 and under, which saw a 19% decline in the month of January. With more millennial and Gen Z buyers coming into the market, the potential for rising home prices with fewer days listed is there. If you have questions about buying or selling a home, or would like more information about the housing market specific to you, give us a call, we'd love to help!

https://www.floridarealtors.org/news-media/news-articles/2020/02/us-housing-supply-reaches-all-time-low?fbclid=IwAR2vwG-pHJxQrFvrmsagAKEU90tgX949zCRaGEMAqMHbomftZce74HBOsGc