More Seller Competition
The active inventory is 56% higher than last year and is at its highest mid-February level since 2020.
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A Winter Thaw
With demand rising fast, the housing market is heating up, and the market time is plunging.
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Unexpected Market
The Expected Market Time jumped from 76 to 84 days in the past couple of weeks.
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Starting 2025
The supply level may be low, but it is much higher than last year and is matched up against very little demand.
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No Detectable Plunge
With a limited inventory and over a decade of tight lending standards, housing values will not plunge as they did during the Great Recession.
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Top 3 Trends
It is the home stretch of the 2024 housing market, and definitive trends have emerged.
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