Quote:
Originally Posted by Tustin714
It could well be a "problem" for sellers to the extent they don't get as much gain as they'd like, and can be seen as a real problem for someone who is selling at a loss, which so far has not been demonstrated as a real problem (if I've overlooked data proving this wrong, so be it).
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This is actually the case for people who bought in the peak buying frenzy (2022-ish). Prices exploded. If those people have to sell now for one reason or another, I have seen numerous cases of the house selling for less than what they paid. But again, this is very specific to those who bought at the peak and MUST sell now. The market has been correcting for the last year, but it will find its level again.
If the percentage of houses for sale stays relatively constant, the inventory will always go up, because the number of total houses in TV always goes up.