16
Jan
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.