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Major Home Inventory Shortage Continues

Here’s why inventory is the key driving factor in our real estate market.

A lot of data in the real estate industry is lagging right now. It sounds crazy, but let’s take a brief look back at the latest numbers to predict the future. From April 2020 to April 2021, active inventory decreased by 53%. We’re down 26% so far in 2022. 

The most affected are first-time buyers. If you’re not working with a team, you’re not being exposed to every opportunity that’s out there across all price ranges. 

If you have any questions for me about selling your home, buying a new one, or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

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