New Properties coming onto Market House Starved!

Real Estate

Overall our total homes on the market is down -4%. Yes, new homes are coming onto the market but they just can't get any traction as they are jumped on and sold within days of hitting the market.  Graph looks encouraging with new inventory creeping up. Over last year we are at +22% over last year at this time. Not bad considering we lost 5200+ homes in the Fires of October.What's driving those seeking to sell? Perhaps they are moved to action as they see homes getting top dollar, median home prices at new record levels and perhaps the idea of living in an area with little inventory and a rebuilding economy is making those wanting to sell moving on to another county? Time will tell.