How Growing Inventory Benefits Today's Buyers

While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal. Here’s what that means when you buy: more options for your search, more negotiation power for you, it’s more likely sellers will make select repairs, and more moderate price growth.

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Data Sources

• https://www.realtor.com/research/july-2024-data/

• https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/