Time to work on catching up. Ive been collecting data and in my mind writing the update as to what I was thinking at the time. But now I think that could be tough to follow and not important. Whats most is important is what is happening.
When we left off the market was really slow on both sides. There were few new sellers and even fewer buyers. Inventory was falling as it does toward the end of each year as sellers take em off for the holidays.
I have long hypothesized that the golden handcuffs of a low rate mortgage would limit the flow of inventory. I also thought that demand would stay very muted enough. I expected prices to keep falling albeit at a much slower pace than the second half of last year.
Alot has stayed the same but some things have definitely changed. Working on getting the data together for you all.
