House hunting isn’t what it used to be

I did a little research on how many houses were on the market each may from 2008 to 2018. I got data from the NorthstarMLS which is deemed reliable but not guaranteed.

May houses for sale
houses for sale in May

I could have chosen any month and the chart would have shown the downward trend. I like to think that what goes down must go up. In 2008 home buyers had 4 times as many homes to choose from.

It can be hard for buyers to find a home in the hottest price ranges. There are houses on the market. There are bargains too and they are not foreclosures or low priced houses. The bargains are the overpriced houses that do not sell with multiple offers but are sold to the buyer who is willing to take a chance and offer a fair price.

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