It's Getting Worse
Despite slowing sales volume and higher inventory of active homes for sale, the housing market continues to face multiple headwinds.
While a hopeful decline in mortgage rates later this year and into 2025 may provide some relief to buyers, it will not do much to solve the biggest problem: increasing inventory.
Zillow estimates that the nation's housing deficit increased to 4.5 million in 2022.
Even with a large number of housing unit starts, permits, and completions in 2023, the trend is worsening.
Minimize image Edit image Delete image
I'll share more on this in the upcoming quarterly report.
To make sure your receive it, fill out the short passive investor survey.
Comments