The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best.
Here’s a quick rundown of the last week:
- Total active listings grew 662 weekly, and new listing data is still trending at all-time lows.
- Mortgage rates fell last week as we started the week at 6.65% and got as low as 6.49% to end the week at details ⇒
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