bay area low inventory!

Apr 12 31 Comments

https://fred.stlouisfed.org/series/NEWLISCOU6085

march listing in 2022 is even 200 higher than march 2019 and march 2018...

where is the supply shortage gentlemen?

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 TOP 31 Comments
  • Adobe
    gretchen

    Go to company page Adobe

    gretchen
    Apr 12 3
    • OP
      this is what realestate agent do, they show you one datapoint and tell you the market is crazy,.. and i noticed recently they are sharing less and less new datapoint and they are all together using 1,2 same datapoints. last year every agents show you a list of new datapoints every single week. lol
      Apr 12
    • Roku
      ghghghgh

      Go to company page Roku

      ghghghgh
      I don't believe this is from some genuine buyer. It's likely some investment firm bought it with this inflated price to justify higher prices in nearby homes. I have seen this before.
      Apr 12
  • Apple
    Mr Cat πŸˆβ€β¬›

    Go to company page Apple

    Mr Cat πŸˆβ€β¬›
    It may be slightly higher this month than other years for April but it’s absolutely within the range of previous results. Non-story at this time.
    Apr 12 2
  • OP
    dude voted i do not trust this chart,

    this is from Fed boys....
    Apr 12 0
  • Uber
    oiioasuisi

    Go to company page Uber

    oiioasuisi
    hey - you are right, IMO the market is slowing down a bit as compared to a few months ago. It isn't altogether surprising that inventory is a bit higher because covid might have depressed supply a bit, and higher prices will incentivize potential sellers to actually sell. Inventory isn't that much higher than before though..

    More importantly, why is this so important to you? You seem to create posts very often proclaiming the death of the housing market. You will eventually be right. I know it sucks that housing prices are too high, but is this really what you want to spend your time doing?
    Apr 12 4
  • Google
    dfhbdtn

    Go to company page Google

    BIO
    mostly harmless
     dfhbdtn
    Low inventory is a realtor talking point
    Apr 12 1
    • OP
      low inventory = supply - demand

      if demand is reducing and supply is the same,
      we will see more inventory! 3 months ago toronto has all-time low inventory but now the home price started to drop 10%-20%...
      Apr 12