Inventory levels down but headed up
Scott P. Rogers
Inventory levels (the number of homes for sale) are down 3% as compared to this time last year. That said, inventory levels generally declined between May and September of last year --- whereas this year they have been increasing between May and September.
Could this be an indicator that homeowners are excited to see our marketing starting to recover (22% increase in homes sales and 2% increase in sales prices) and are more optimistic about selling their homes now?
