Sellers are hitting the panic button. Realtor.com reports surprise 30% spike in inventory.

Access the real estate data in this video on Reventure App: https://www.reventure.app

New data from Realtor.com shows that inventory on the US Housing Market surged by 30% in April 2024. With the share of sellers cutting the price also spiking to the highest rate since 2018.

Surging homes for sale and price cuts suggests the housing market is weakening that home prices could drop significantly in coming months. Particularly in housing markets like Texas, Florida, and Arizona, where there is the biggest spike in homes for sale and price cuts.

A big twist in the 2024 housing market has been that real estate investors are beginning to sell. This can be seen on the listing shown at 1:06. That’s a property for sale in Houston owned by Invitation Homes – one of America’s biggest Wall Street landlords.

Investors selling has caused the numbers of homes for sale to spike in many cities across America. Particularly housing markets like Houston, Dallas, Orlando, Phoenix, and Nashville.
—

Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join

DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/

Share on: