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Buyers today have had to deal with incredibly low housing inventory in an incredibly competitive market. For those leary of moving fast, the uncomfortable pressure of feeling rushed is heavy and ever-present. Even for those who powered though, a restful night of sleep was probably not had until closing papers were signed. It's been rough for buyers, locally and throughout the country, but it appears there is light at the end of the tunnel. In fact, according to experts across the country, the housing market may just be turning a corner.
Housing inventory is rebounding! According to housing experts, nationally we have seen the number of active listings rise by 8.0% in May. However, it's important to note that although there may statistically be more listings than earlier in the year, inventory is still on the low side, especially when compared to pre-pandemic years. Yes, more homes are available, but inventory is still 59.6% lo...
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