Strange Housing Market of 2023 | What Will The Market Look Like Next?

The latest CPI figures have been released, showing a slight increase in inflation compared to June 2023, as anticipated. This likely prevents a severe recession, given the resilient job market of our time. However, the focus is back on the imbalanced housing market due to persistently low inventory. We are in a housing market that most of us have never experienced before, where there is still consistent demand but extremely low inventory! In this video, Karan discusses the current housing market situation, its peculiarities, and provides insights on how you can gain an advantage amidst these conditions.

00:00 Introduction
00:38 what is happening around us?
03:24 why is this housing market so wacky?
04:36 local inventory numbers
06:26 Focus on these qualities

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Karan Singh
CA DRE #: 01954833
Company NMLS #: 1315421
Personal NMLS #: 448464