It seems like some of you believe we have a large pool of willing and able buyers out there to smooth out the wave of newly listed homes for sale? I would’ve never guessed this from some.True there is an equilibrium here somewhere but it is a dynamic one. Ejected homeowner has to find rental/housing right away,home foreclosure/mls listing/home sold/escrow closed can take many months. As for empty homes, I do not know if proposed Tsunami wave has more empty homes than occupied.
