Months of Inventory - The Market Balance / Imbalance Gauge, and How To Interpret It

If you take a deep interest in understanding real estate prices, and real estate markets generally, having a strong understanding of inventory levels and their relationship to sales is a critical element on the path to getting educated about where the market stands.

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This video is for anyone who wants to go deeper into understanding and dissecting what is going on in their market to help make the most informed decision possible about what is likely to happen with prices in the short term.

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There are several points in regards to the rate of change of the months of inventory and future inventory expectations that I will plan to cover in another video for the sake of keeping each of these individual videos short enough to digest in one sitting.

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I hope that everyone enjoys this more detailed breakdown of some of the terminology used in our monthly market updates, and that it is useful in helping you feel informed as a potential buyer or seller in this market!