Found 1 blog entry tagged as phoenix.

  • Austin, Phoenix and Raleigh housing markets have gained inventory.
  • Among major metros, they led the nation for inventory growth.
  • Active listings in the Austin area grew by 144% over the past year.
  • These real estate markets are also seeing more price reductions.
  • It’s evidence that these hot housing scenes are cooling in 2022.

Inventory shortage. That two-word phrase has appeared in countless real estate market reports over the past couple of years. In most cities across the country, a shortage of supply relative to demand has frustrated home buyers and boosted house prices like never before.

But now for the good news. We are starting to see some housing market inventory growth in major cities across the country. This trend is…

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