PS5s? Nah, Houses are Harder to Find

The housing data coming out this month is insane. I’ve been collecting data posted by Bill McBride on calculatedriskblog.com and here’s the data for 9 different markets over the last week.

Those aren’t typos. In almost every market there are only about 2 weeks worth of homes on the market.

I don’t have the right words to describe how crazy the housing market is. Until people want to move, it will be extraordinarily hard to buy a house.