Homebuyers Brace for Pain in a Post-Pandemic Market: Conor Sen
It’s possible that the rent-versus-own math may shift as much as 30 percent towards renting by next May.
December 1, 2020 | Bloomberg | National Real Estate Investor
Recent housing data show how tight inventories already are. The supply of existing homes fell to 2.5 months in October, a record low for a period when normal inventory levels are four to five months of supply. For new homes, the months’ supply of inventory fell to 3.3 in October, also a record low.
