Well, hells bells, we better get some more inventory before we get a new wave of homebuyers!
Our current inventory in Santa Clarita, and surrounding communities, is only 542 active homes for sale.
With the article I just read about 6 million Americans having prior bks' fall off their credit reports.....we definitely will have more buyers.
I know several that are waiting for just that!
So, unless we get more inventory...I'm thinking another rise in home prices. Add the changes in interest rates and we will have more people wanting to buy, but struggling to afford yet again.
We need more new construction, more re-sale homes.....we need them now.