November 22, 2024 12:56 am
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Housing inventory across U.S. still at crisis level

By Connie Kim | Housing Wire

Blink and you’ll miss your dream home. So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low.

That’s according to Black Knight, which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”).

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