2022 Housing Inventory Way Up
2022 Housing Inventory Way Up
Homes for Sale is skyrocketing and Prices are Coming Down many Housing Markets across America. Particularly the ones with the biggest Pandemic Migration boom.
Empty Homes are PILING UP on the US Housing Market. Particularly in certain Cities and ZIP Codes where the 2022 Housing Crash is well underway. Read more 
Another Housing Crash?
Another Housing Crash?
In California the general trend here is people want to be as close to the coast and Metro centers as possible.
Of course that’s very expensive. So people start moving away to get whatever they can afford. So you have places like Palmdale and Santa Clarita where people don’t actually want to live there, but it’s all they can afford. Read more
Housing Inventory
Housing Inventory set to surge.
U.S. Housing Inventory is at RECORD LOWS, creating a massive 2022 Housing Bubble.
The combination of the end of the pandemic and higher mortgage rates could mean a BIG SURGE in US Housing Market Inventory in 2022. Read more
Record-low Housing Inventory
Bob Schwartz, California real estate broker
Redfin: record-low housing inventory is ‘freaking us out’
Source: CNBC
The number of homes for sale in America has been falling steadily for the past year, but the situation is apparently getting much worse as spring demand heats up.
“The inventory is reaching historic lows. It’s never declined faster than it did last month. It’s freaking us out — it’s affecting our business; it’s limiting our sales,” said Glenn Kelman, CEO of Seattle-based Redfin, a real estate firm. “We’re going to be fine in terms of market share, but I think the overall industry for the first time is seeing sales volume really limited by the inventory crunch.” Read more
Housing Inventory At Historic Lows
San Diego home
I do believe that the housing inventory is a historical lows.
But it is probably equal to the demand – which currently is close to zero! Anyone who wanted a house – bought a house.
And many of those that want to sell (mid to upper end homes) – can’t.
And currently, in San Diego, there is a very very small net migration in, but very small. This doesn’t produce any kind of meaningful demand for new single family housing.