Today, in the Newsletter: 1st Look at Local Housing Markets in September
Excerpt: Here is a summary of active listings for these housing markets in September. Inventory was down 1.0% in September MoM from August, and down 36.6% YoY.
Inventory in San Diego is at an all time low, whereas inventory in Denver is up 107% (about double) from the all time low in March of this year. Las Vegas inventory is up 74% from the record low in April. Most markets have seen active inventory increase from earlier this year, but San Diego and Miami are plumbing new lows.