by Calculated Risk September 10, 2024 8:22 AM
In today’s Real Estate Newsletter: ICE Mortgage Monitor: Florida and Texas home price growth slows while inventory soars
excerpt:
According to local data I’ve been tracking, inventory is higher than normal in Florida and Texas, but is still low in most parts of the country.
• Major markets have more inventory for sale than this time last year, with the largest improvement in Florida and individual markets including Denver, Seattle and parts of Texas seeing similar improvements.
• More than one in five markets are back to or above 2017-2019 inventory levels; Markets including Lakeland, Austin, San Antonio, Denver and Palm Bay have at least 25% more homes for sale than normal for this time of year.
