Today's Housing Inventory Shows The Leander TX Market Is Not Headed For A Crash

@martykelly100 talks about the how headlines are misleading new buyers and sellers into thinking that we are headed for a second 2008 crash.

If you remember the two-thousand-and-eight housing crash, recent negative headlines may have you worried we’re headed for a repeat of what happened back then.

But things are different now partly because there are so few homes for sale.
Let’s look at the data.

This graph shows the average annual inventory of homes for sale.

Based on the latest numbers, shown in green, current inventory is up compared to the last three years.

But as you can see, it’s up compared to when inventory was at an all-time low.
We’re still far lower than the norm.

And, if you look back at two-thousand-and-eight,
shown in red,
the number of homes for sale today is less than a third of what it was back then.

So, what does this mean?
Well, today’s inventory situation is nothing like last time.

There just aren’t enough homes to go around today which is keeping upward pressure on home prices.
That’s why inventory tells us the housing market isn’t headed for a crash.

Please call or text me today and let's connect to discuss your Real Estate plans.

And Remember.....
It matters who you choose to be your Realtor.

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Marty Kelly is a native Texan and has been a resident in Leander TX since 1996. Marty has been working in Real Estate since 2005, and he is currently the Broker for Keller Williams Realty in Cedar Park and Leander TX, helping friends & family buy & sell their homes for the best value with the least amount of stress.

Marty Kelly, Broker
Keller Williams Realty
c: 512.563.0799
e: MartyKelly@kw.com
w: www.MartyKelly.kw.com
APP: www.MK-KW.com

IT MATTERS WHO YOU CHOOSE.