Tag Archives: Housing heat dissipates as supply begins to meet demand

Sparse housing supply coupled with strong buyer demand left many homebuyers frustrated as rates continued to inch up and buyers felt the heat to buy now. However, according to data from Realtor.com, as the hot spring buying season moves into summer, some regions are seeing a replenishing of for-sale homes as sellers begin to respond to pent up demand. This is a relief for many after housing inventory hovered around levels not seen in nearly 10 years even as recent as three months ago. In May, national inventories increased by […]