Housing Inventory Sees 36% Dip Compared to 2019: What Does It Mean for the Market?

On this episode of the "Real Estate Jerky Daily", hosts Mike Kelly and Ed Parcaut discuss the current state of the housing market. They dive into the topic of housing inventory, noting that there is a decrease in existing home sales and a shortage of houses on the market. They provide statistics on home prices, inventory levels, and pending home sales nationwide. Additionally, they highlight the Department of Veteran Affairs' decision to pause all foreclosures for six months in order to help veterans facing financial hardships. They discuss the California SB 1157 law, which requires landlords to report rent payments on tenants' credit reports. Overall, Mike and Ed provide valuable insights into the real estate market and discuss important developments that impact homeowners and potential buyers. Don't miss out on this informative episode of "Real Estate Jerky Daily"! Follow Ed on all social media outlets @EdParcaut Need more information? Please visit https://www.edparcaut #RealEstateJerkyDaily #MarketUpdateTuesday #HousingInventory #ExistingHomeSales #HomePrices #ForeclosureAssistance #CreditReport #OpenHouses #FirstTimeHomeBuyer #HomeListings #PoolLife #RealEstateNewsBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.