No doubt inventory will rise between now and late Spring. It always does starting in January. Add to that the fact that there are a significant number of foreclosures in the pipeline
So, regardless of the cause it is very likely based on seasonal patterns, as well as foreclosures in the pipeline that inventory will be higher a few months from now than it was in January.
How would one show causation between the FED rate cuts and the inventory in light of these other factors ?
Although you may be right, I don’t think it will be possible to demonstrate that these cuts were the cause.
