Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash. But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of the market returning to a more stable, healthy place. What’s Going on With Inventory? Based on the latest data from Realtor.com , inventory just hit its highest point since 2020, shown with the white line in the graph below. But what you need to realize is, at the same time, inventory levels still haven’t returned to pre-pandemic norms ( shown in gray ) : That means there are more homes for sale now than there have been in quite some time. And while it’s true inventory is up significantly compared to where it was over the last few years, the number of homes on the market is still well below typical levels. And that’s important context. Why This Isn’t the Problem A Lot of People Think It Is Some peo...
IN ESCROW! 10839 Bismarck Ave, Porter Ranch 91326 LIST PRICE: $1,149,000 4 BEDROOMS / 2 BATHS Beautifully upgraded 2-story home set in a quiet cul-de-sac in highly sought after Porter Ranch. This 4 bedroom 2 bath home offers 2,154 interior square feet with an open floor plan and tons of natural light. New dual pane windows and slider, new 200 amp electrical panel, new recess lights and light fixtures, new vinyl flooring, new interior and exterior paint, and much more. Double door front entry leads to a HUGE living room with a stone fireplace. Updated kitchen with white shaker cabinets, quartz counter tops and a custom backsplash. First floor also offers a large bedroom, updated bath, and a family room/den perfect for entertaining. Second floor has 3 additional bedrooms and an updated bath. Dedicated laundry room downstairs large enough for side by side washer/dryer. HUGE, recently painted patio in rear just in time for some summer BBQ's. Top r...
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