[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3jtow06t7btzu":3,"$ffeh0925h8cuz":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":30,"next":36},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":28,"updatedAt":29},1197,"is-the-increase-in-inventory-a-bullish-or-bearish-sign-for-real-estate","Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?","In a recent article, \u003Cem>\u003Ca href=\"http:\u002F\u002Fnews.move.com\u002F2018-10-03-National-Housing-Inventory-Crisis-Reaches-Inflection-Point\">National Housing Inventory Crisis Reaches Inflection Point\u003C\u002Fa>\u003C\u002Fem>\u003Cem>, \u003C\u002Fem>\u003Cem>realtor.com\u003C\u002Fem> reported that:\r\n\u003Col>\r\n \t\u003Cli>New listings jumped 8% year-over-year nationally, the largest increase since 2013\u003C\u002Fli>\r\n \t\u003Cli>Total listings in the 45 largest markets are now up 6% on average over last year\u003C\u002Fli>\r\n\u003C\u002Fol>\r\n","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F10\u002F10132805\u002F20181018-Share-STM.jpg","In a recent article, \u003Cem>\u003Ca href=\"http:\u002F\u002Fnews.move.com\u002F2018-10-03-National-Housing-Inventory-Crisis-Reaches-Inflection-Point\">National Housing Inventory Crisis Reaches Inflection Point\u003C\u002Fa>\u003C\u002Fem>\u003Cem>, \u003C\u002Fem>\u003Cem>realtor.com\u003C\u002Fem> reported that:\r\n\u003Col>\r\n \t\u003Cli>New listings jumped 8% year-over-year nationally, the largest increase since 2013\u003C\u002Fli>\r\n \t\u003Cli>Total listings in the 45 largest markets are now up 6% on average over last year\u003C\u002Fli>\r\n\u003C\u002Fol>\r\n\u003C!--more-->\r\n\r\nThis increase in housing inventory has sparked two different reactions. Some are saying this is the first sign of a potential collapse while others are saying it is a welcomed reprieve from the lack of inventory that has stalled the market recently. As \u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.zelmanassociates.com\u002F\">Zelman & Associates\u003C\u002Fa>\u003C\u002Fem> reported in a recent ‘Z Report’:\r\n\u003Cblockquote>\u003Cem>“With the rate of home price appreciation starting to decelerate alongside the uptick in inventory, we expect significant debate whether this is a bullish or bearish sign.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>Is this a sign the market might crash?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nThere are those who look at the increase in inventory as a sign that we are returning to the market we saw last decade. However, a closer look shows that we are nowhere near the levels of inventory we reached before the crash in 2008.\r\n\r\nA normal market would have about 6-months inventory, but the latest \u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fexisting-home-sales-remain-flat-nationally-mixed-results-regionally\">Existing Home Sales Report\u003C\u002Fa>\u003C\u002Fem> issued by the \u003Cem>National Association of Realtors\u003C\u002Fem> revealed that:\r\n\u003Cblockquote>\u003Cem>“Unsold inventory is at a 4.3-month supply at the current sales pace up from 4.1 months a year ago.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nA decade ago, prices began to rapidly depreciate in June 2007. At that time, we had a 9.1-month supply (more than double what it is today) and inventory kept rising until it hit a peak of 11.1 months in April of 2008.\r\n\r\nWith the current levels of buyer demand, any such increase in months supply is highly unlikely. As Danielle Hale, \u003Cem>realtor.com’s Chief Economist\u003C\u002Fem> \u003Ca href=\"http:\u002F\u002Fnews.move.com\u002F2018-10-03-National-Housing-Inventory-Crisis-Reaches-Inflection-Point\">explains\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem> “After years of record-breaking inventory declines, September's almost flat inventory signals a big change in the real estate market. Would-be buyers who had been waiting for a bigger selection of homes for sale may finally see more listings materialize. But don't expect the level to jump dramatically. \u003C\u002Fem>\r\n\r\n\u003Cem>Plenty of buyers in the market are scooping up homes as soon as they're listed, which will keep national increases relatively small for the time being.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>What will be the result of the increase in inventory? \u003C\u002Fstrong>\u003C\u002Fh4>\r\nThe increase in inventory will allow many families who had been unable to find a home to finally become homeowners. Again, we quote from the ‘Z Report’:\r\n\u003Cblockquote>\u003Cem>“In our view, the short-term narrative will probably be confusing, but more sustainable growth and affordability will likely be the end result.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you are either a first-time or second-time buyer who has given up, let’s get together discuss the inventory available in our market.","\r\nIf you are either a first-time or second-time buyer who has given up, let’s get together discuss the inventory available in our market.",false,[16,20,24],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},38,"Move-Up","move-up","2018-10-18T10:00:21Z","2018-10-11T09:41:07Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},1196,"5-tips-for-starting-your-home-search","5 Tips for Starting Your Home Search","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F10\u002F11100548\u002F20181017-Share-STM.jpg","2018-10-17T10:00:55Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},1198,"20-tips-for-preparing-your-house-for-sale-this-fall-infographic","20 Tips for Preparing Your House for Sale This Fall [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F10\u002F11103717\u002F20181019-Share-STM.jpg","2018-10-19T10:00:19Z",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[47,51,52,56,60,64,68,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},6,"For Sellers","sellers",{"id":57,"name":58,"slug":59},7,"Foreclosures","foreclosures",{"id":61,"name":62,"slug":63},8,"Infographics","infographics",{"id":65,"name":66,"slug":67},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":25,"name":26,"slug":27},{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]