Why Home Prices Are Moving Differently by Market
Home prices are up in some markets and flat or negative in others. So, what's going on?
It really comes down to one thing: inventory.
Where there are more homes for sale than there were before the pandemic, prices have stabilized or dipped. Where inventory is still well below normal, prices are still climbing.
And that’s why the headlines are so confusing right now. It varies a lot by area.
The national average is 1.7%, but your city’s number may tell a different story depending on where you live. That's exactly why working with someone who knows your local market makes all the difference right now.
Stay up to date on the latest real estate trends.
Inventory tells the story behind local shifts.
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