On this week's Real Talk Real Estate Podcast, Jay Day and Andy Webb break down the single biggest factor driving the wild differences in home prices across the country right now — and why "the market" isn't one market at all.
Here's the simple version: More homes for sale = more buyer options = less competition = prices flatten or dip Fewer homes for sale = buyers competing hard = prices keep climbing
States like Texas, Florida, and Colorado have inventory back above 2019 levels — and prices there are flat or slightly down. But most of the country, including much of the Northeast and our own MD/PA/WV/VA region, is still running below pre-pandemic inventory. That's exactly why local prices are still trending up here, even while national headlines scream "cooling market."
Bottom line: national averages don't tell YOUR story. Local inventory does. New episode is up now — tap in for the full breakdown.
Questions about what your local market is actually doing? Call 866-702-9038
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