Why You Should Wait Out the Wild Housing Market (www.theatlantic.com)

Rising inventory is one of several signs that we may have reached peak ludicrousness. Pick a housing statistic at random, and it’s probably setting an all-time record. Home prices: record high. Inventory: record low. Percentage of homes selling above asking price: record high. Average time on market: record low.

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housing market shortage

U.S. Housing Market Needs 3.8 Million More Homes