NextHome Mission

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Trending news: According to the March 2021 Realtor.com Housing Market Trends Report, inventory declined by over 52%, new homes listed on the market declined by 20.0%, and the median listing price was up over 15% compared to last year.  According to the New York Times, the inventory of homes for sale is “startlingly low” (see chart below). It is estimated that the US has about a 2 month supply of homes on the market, an indicator that until more homes are listed for sale, the housing market will to be very competitive for buyers as the current strong seller’s market continues.

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