June’s inventory data clearly indicates that we’ve transitioned into a buyer’s market. On average, there are now approximately four months of housing inventory available, which suggests that buyers have more options to choose from and less competition when making offers. This shift in market conditions may result in more negotiating ...
Continue ReadingIn April, the real estate market broadly transitioned into what is considered a buyer’s market. This shift is reflected in the average Months of Inventory (MOI) hovering around four months across multiple regions and property types. An MOI of four indicates that, at the current pace of sales, it would ...
Continue ReadingFebruary’s sales, on average, were relatively low, signaling a potential shift toward a buyer’s market. This decline in sales suggests that demand may have softened, giving buyers more leverage in negotiations. As a result, many cities experienced a dip in home prices compared to the previous month’s sale prices. This ...
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