[img_assist|nid=27686|title=Inventory compared to 2019|desc=|link=node|align=left|width=100|height=77]
The market is expecting 50-75 basis points and it’s largely baked into rates. We also have different market dynamics at work different places. Boise and the like for example were ripe with investors and speculators. Around here we are still just over half of where we were in 2019. Inventory growth seems to be slowing here from my tracking but we’ll know better in another 4-6 weeks
