The article discusses the evolving housing market, indicating a rise in unsold inventory, particularly with a 33% increase in homes available compared to last year. Despite a drop in homebuyer demand, notable home sales gains are expected over the summer. The author reflects on their ongoing advisory role with HousingWire and acknowledges the audience's support over five years of content creation. Overall, the piece highlights shifts in market trends where home sales may rebound while prices could decline.
I'll still play an advisory role and will continue to contribute to HousingWire with a monthly column on the market.
There are three big trends for this summer's housing market: Unsold inventory of homes on the market continues to grow.
Even the Northeast is growing a bit. Connecticut finally has inventory growth over 2024.
The message for the rest of the summer is likely to be Home sales are up, but prices are down.
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