Some Highlights
- Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time.
- Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash.
- Inventory data shows there just aren’t enough homes available to have a repeat of what happened back in 2008.
Originally posted at Simplifying The Market.