Today's Market and Pricing is Controlled by Low Inventory Conditions.
Inventory Levels Are Still At Historic Lows. Inventory Levels Control Pricing And This Is The Reason We Have Not Seen A Housing Crash.
Redfin.com reported,
"41% of Offers Faced Bidding Wars In Late April, Early May Amid Pandemic"
New Listings and Under Contracts Have Reached Pre-Covid-19 Levels
Home Showings Have Reached 2019 Levels
