Goldilocks: “Are the Residential Housing Inventory Numbers Too Hot or Too Cold?”
Former Global Chief Economist for JPMorgan Chase (Ph.D. in Economics) and Current BrightQuery Chief Economist
Special Thanks for this Photo to Celine Chamlot-Paneet on Unsplash.com
The answer depends on whether “Goldilocks and the Three Bears” posed that question to a realtor or a home builder.
In December and January 2020, the monthly available inventory for existing homes was a mere 1.9 months, indicating a red-hot housing market. However, the situation has…
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