When will it pop? | Housing Inventory Levels Rising

The housing inventory is rising almost everywhere in the United States and the culprit is the mortgage interest rate. When that shot up the housing market slowed down a little bit, not to mention the summer months are the months that most people put their homes on the market.

Let's dive in to see what will be happening in the next months and what has happened so far.

Here are the articles I brought up.

How fast your local housing market will decelerate. Take a look at n interactive map that shows the housing market inventory decline. https://fortune.com/2022/06/07/housing-market-inventory-levels-are-rising-again-breakdown-in-americas-400-largest-markets/

Altos Research shows Active Homes for Sale numbers are up.

https://blog.altosresearch.com/home-sellers-cutting-prices-as-the-market-shifts

Redfin has a great article that shows Leading indicators of homebuying activity:

https://www.redfin.com/news/housing-market-update-homebuyers-gain-some-control/

#tristanahumada #realestate2022 #realestate #realestateagent #realestatecrash #realestatebubble