Housing Inventory & Prices 🏡
According to HousingWire and Realtor.com, more than two-thirds of potential 2022 sellers are expected to list by summer's end. Will this slow the insane home prices we're seeing? We can only hope.
Median home prices have surged a whopping 15.0% YOY, and buyers are certainly feeling the hit to their pockets. The national median listing price in March was $405,000, up 13.5% compared to last year and up 26.5% compared to March 2020. That... hurts.