We are finally seeing signs of real panic in the real estate market after the release of new data from various reliable sources. The main concern for many right now is rapid inventory growth. All the experts who have been right about the market since 2020 have all said the same thing: no matter how high prices get, they can be explained by the simple lack of supply. As Bill McBride declared, "Inventory tells the tale." Since 2020, the inventory in residential real estate has been extremely tight. With very few homes available, every open house was crowded, and offers were pouring in from all directions. Too much money was chasing too few assets, leading to one of the quickest price explosions in American real estate history. But now, after years of bubble-like behavior, fresh new data suggests that we may have a sudden concerning change. One that could transform the real estate environment forever.

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Austin Whitt Twitter/X
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Bill McBride Substack
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