We're seeing some interesting changes in the housing landscape: by mid-Q2 2024, 18 states across the U.S. had more homes for sale than they did in 2019. This is a meaningful shift after the inventory crunch that followed the pandemic. While national inventory is still below pre-pandemic numbers, certain areas are enjoying a rebound—often thanks to a combination of higher mortgage rates slowing down buyer demand and a surge in homebuilding. This evolving market gives buyers in those states more options and could temper price growth where listings have outpaced pre-pandemic levels. For sellers, though, it means standing out is more important than ever—sharp pricing and standout presentation are key as competition increases. At The Brooks Group, our team is always tuned in to these market shifts, ensuring our clients have the guidance and insight they need to make informed decisions, whether buying, selling, or investing. Real estate is about more than numbers—it's about building legacies through homeownership.
Leave a Reply