Low-inventory dam in local real-estate market finally bursts & More Latest News Here – Up Jobs

 

Forty consecutive months of year-over-year declines in the number of homes listed for sale across the Washington region came to a screeching end in July, when inventory spiked 15.6 percent compared to a year before.

While the inventory of condominiums available for prospective purchasers was down, the number of single-family homes and townhomes was up about a third from July 2021, according to data from MarketStats by ShowingTime based on listing activity from Bright MLS.

That’s the first time since the very end of 2018 that year-over-year inventory moved higher, and only the fourth time in 60 months there has been an increase.

If the increases keep coming in ensuing months, the market will return back to a balance between sellers and (when they can be found) buyers. But there remains a way to go: In July 2017, for instance, there were 10,276 homes on the market, and in July 2019 – the last pre-COVID comparable – there were 16,591.

Figures represent inventory in the District of Columbia; Arlington, Fairfax and Loudoun counties and the cities of Alexandria, Fairfax and Falls Church in Virginia; and Montgomery, Prince George’s and Frederick counties in Maryland. All July 2022 figures are preliminary and are subject to revision.

Low-inventory dam in local real-estate market finally bursts & Latest News Update

I have tried to give all kinds of news to all of you latest news today 2022 through this website and you are going to like all this news very much because all the news we always give in this news is always there. It is on trending topic and whatever the latest news was

it was always our effort to reach you that you keep getting the Electricity News, Degree News, Donate News, Bitcoin News, Trading News, Real Estate News, Gaming News, Trending News, Digital Marketing, Telecom News, Beauty News, Banking News, Travel News, Health News, Cryptocurrency News, Claim News latest news and you always keep getting the information of news through us for free and also tell you people. Give that whatever information related to other types of news will be

Low-inventory dam in local real-estate market finally bursts & More Live News

All this news that I have made and shared for you people, you will like it very much and in it we keep bringing topics for you people like every time so that you keep getting news information like trending topics and you It is our goal to be able to get

all kinds of news without going through us so that we can reach you the latest and best news for free so that you can move ahead further by getting the information of that news together with you. Later on, we will continue

to give information about more today world news update types of latest news through posts on our website so that you always keep moving forward in that news and whatever kind of information will be there, it will definitely be conveyed to you people.

Low-inventory dam in local real-estate market finally bursts & More News Today

All this news that I have brought up to you or will be the most different and best news that you people are not going to get anywhere, along with the information Trending News, Breaking News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, World News of this made available to all of you so that you are always connected with the news, stay ahead in the matter and keep getting today news all types of news for free till today so that you can get the news by getting it. Always take two steps forward

Credit Goes To News Website – This Original Content Owner News Website . This Is Not My Content So If You Want To Read Original Content You Can Follow Below Links

Get Original Links Here????

Tinggalkan Balasan

Alamat email Anda tidak akan dipublikasikan. Ruas yang wajib ditandai *