We Aren't Seeing Prices Drop.
What's going on? Instead of inventory levels beginning to normalize this year, the situation is getting worse. In January 2021, the number of homes for sale was 26% below the level hit in January 2020. Last month we were 42% below January 2020. That lack of inventory means buyers will once again be forced to bid up prices if they hope to land a home.
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The spring 2022 housing market will absolutely crush buyers—Zillow says home prices to spike 22%
fortune.com
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Love learning new ideas that help me grow mentally. Boy mom and spoiled wife. Living our best life.
Locking families out of home ownership is going to stress neighborhoods resources if rent is unsustainable the market could overheat in metro areas like PHX
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