REAL ESTATE JERKY DAILY

Real Estate Update Increased Inventory Offers More Options for Buyers

June 25, 2024 · 09:18

Welcome to another episode of Real Estate Jerky Daily with your hosts, Ed Parcaut and Mike Kelly! In today's Market Update Tuesday Edition, we delve into the latest real estate trends and statistics. 🌟 📈 **Today's Highlights:** - **Inventory Update:** Nationwide inventory is up to 634,132, a significant increase from 460,000 last year. More options for buyers! - **Historical Context:** Active listings in 2015 were 1.18 million. - **Price Trends:** The Federal Housing Finance Agency (FHFA) Price Index shows a 6.3% annual gain in April, while Case-Shiller also reports a 6.3% annual gain. - **Title Policy Issues:** An unexpected title policy f