[quote=no_such_reality]Because if 1% of households wants to buy house or investment property, that’s 11,000 needed sales.
We have 5000 on the market.
see a problem?[/quote]
No, I don’t see any problem, nsr. With 7200+ local MLS listings on the market (a portion of them now listed for over 90 days), these “local households” who want to buy a residence or investment property need to get out on the street and get busy.