Mike thought the inventory was going to peak by now, but notes that the number of national listings is still growing. He also says that sales are strong too, which might suggest that we could have a late rally in spite of the delta variant.

If buyers have more choices, it improves their chances of finding a suitable home to purchase!

See more of Mike’s report here:

https://twitter.com/mikesimonsen/status/1429878364232306713

Who knows – our local inventory could keep climbing too, though it’s still below normal: