Inventory continues to the be the story of the housing market in March of this year. The ongoing decrease in inventory is good news for sellers, as there’s less competition. But buyers may be having more more trouble finding the home they want at a price that’s comfortable.
That said, inventory numbers are moving closer to where they were prior to the collapse of the market. And shrinking inventory is, after all, part of the recovery process.
Download the full report (PDF).
Data courtesy of Northeast Florida Association of Realtors.