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Maybe it's true, but this article reads like self-serving PR: Houses are selling so fast! Redfin is desperate for inventory! But it's not a bubble so keep buyin
by twoodfin 9y ago
Maybe it's true, but this article reads like self-serving PR: Houses are selling so fast! Redfin is desperate for inventory! But it's not a bubble so keep buying!
- balls187 9y agoI didn't read it that way. I read it as simply a recount of why inventory is low: 1. Credit worthiness is preventing many families from owning a home 2. Home sellers are opting to rent out rather than sell 3. Cities are adding workforce population but the amount of single family units is not keeping pace.
- anigbrowl 9y agoI hesitated to post it because of that single-sourcing, but went ahead because I think the real estate market is often a good leading indicator of the economy as a whole. I was perplexed the other day to see that new housing starts have been falling for a couple of months.