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It'll be interesting to see what happens to inventory-for-sale numbers. Presumably the market won't be flooded with forced sales and foreclosures like 2009. One
by Finnucane 4y ago
It'll be interesting to see what happens to inventory-for-sale numbers. Presumably the market won't be flooded with forced sales and foreclosures like 2009. One also wonders if the big corporate investors who have been hoovering up properties will choose to wait for the market to bottom.
- bombcar 4y agoInventory will climb, probably to pre covid or earlier numbers. Time on market is the one I’ll be keeping an eye on, because that should be around 2-3 months. Longer indicates prices need to fall, shorter indicates that they have room to rise.