Housing Market Inventory Increases in March

According to new data from Realtor.com in certain cities across America homes for sale is up by double digits!

This could be a sign that the 2022 Housing Bubble is nearing an end. And that a Housing Crash could be coming soon.

Housing Market Inventory Increases

The biggest monthly increases in Housing Inventory occurred in California. Particularly in the San Francisco, San Jose, and Sacramento real estate markets. In fact – most of Northern California has experienced both a monthly and annual increase in homes for sale on the market.

Moreover – markets such as Seattle, Boise, Portland, and Salt Lake City experienced biggest inventory increases in March 2022 according to the most recent data from Realtor.com.

Realtor.com Inventory Data: https://www.realtor.com/research/data/ More generally – metros on the Western Half of America have had the biggest increases in Homes on the Market. And potentially will be the first areas to experience a Housing Crash in 2022 – particularly in real estate markets in states such as California, Washington, Utah, Idaho, and Colorado.

If you have not already read my post (Pending Home sales drop fourth straight month) be sure to have a look.

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