July 2, 2025
Intangible Assets

What housing inventory trends mean to homebuyers and sellers

The economics of inventory At its core, the housing market follows the basic rules of economics. When homes are scarce, demand pushes prices higher. When inventory grows, buyers gain leverage, often leading to more negotiable terms and softer prices. Short-term spikes vs. long-term shifts Low inventory often results in multiple offers and competitive bidding, which

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Intangible Assets

Have DOGE job cuts led to more housing inventory in Washington, D.C.?

What they were waiting to see was whether they were going to have a job or not. President Donald Trump’s cuts to the federal workforce has put Washington, D.C., residents and the housing market there on edge. Through his administration’s U.S. DOGE Service, mass layoffs have occurred across virtually every federal department and agency.  While

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Intangible Assets

Existing-home sales slide despite mounting inventory

At the same time, unsold inventory is up 20.8% year over year to 1.45 million homes. It’s a 9% rise compared to March. Months of supply hit 4.4, up 25.7% from one year ago and 10% higher than a month ago. Unsold inventory and months of supply are higher than at any point in the

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Intangible Assets

Inventory back to 2019 levels and what that means for 2025

I’ll still play an advisory role and will continue to contribute to HousingWire with a monthly column on the market. If you’re not a HousingWire subscriber, please join us. I will also continue to share regular insights on the housing market via my own social channels, including Twitter and LinkedIn. Make sure you’re following me

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Intangible Assets

Housing inventory hits post-pandemic high, but pending sales fall

The U.S. housing market saw a surge in available homes this April, reaching the highest inventory level since the pandemic began. However, economic uncertainty and rising mortgage rates kept many buyers on the sidelines. Active listings soar, but buyer demand weakens According to Realtor.com’s April 2025 housing trends report, active home listings rose 30.6% year-over-year

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Intangible Assets

Home-price appreciation continues cooling trend as inventory rises

The falling rate of annual home-price increases is a trend that occurred throughout 2024, which peaked last February at 6.6%. It’s also significantly lower than the double-digit increases from 2022, when price appreciation hit 20% or more multiple times. “Higher mortgage rates, along with high home prices, have exacerbated affordability challenges and led to slower

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Intangible Assets

5 states where home prices are falling this year

So far, the price drops are minor. Oregon has the biggest decline at 0.9%, followed by Georgia (0.8%), Montana (0.2%), South Carolina (0.3%) and Texas (0.1%). Prices in three other states — Florida (0.2%), South Dakota (0.3%) and Louisiana (0.4%) — have grown, not fallen, but by less than 1%. The cooling in Texas and

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Intangible Assets

New England Continues to See Inventory Drop

iStock illustration Heading into the spring home-sales market, inventory in New England’s biggest metro areas had fallen even further behind last year. For those hoping for a spring market with more choice – potentially helping some prospective sellers feel comfortable pulling the trigger and listing – it’s not a good sign. “Affordability is still a

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Intangible Assets

Inventory is declining in key markets

Unsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this week. There are fewer homes for sale now than a week ago. Inventory seems to have peaked for the season and is slowly inching down. There appears to be two reasons we’re seeing a seasonal peak in unsold inventory

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Intangible Assets

Lower mortgage rates are slowing down inventory growth

Have lower mortgage rates already started to slow down housing inventory? I have a simple weekly growth model with the Altos inventory data: when rates are high, over 7.25%, inventory should grow between 11,000-17,000 weekly. This has happened six times this year and even though that would be an average inventory growth level with higher

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