“Ask an agent how inventory is.”
Exactly. The selling of my house closes next week. There are no properties for sale within 7 miles of my house. Everything, all 10 or so, properties that have been up for sale in the past 90 days are under contract. Nothing new for sale in the past 30 days. The real estate supply/demand imbalance won’t get resolved for at least another year. I suspect we’re in for an economic growth for the next 5 years and a housing demand to continue along with it.
“There are no properties for sale within 7 miles of my house.”
Thinking that the local real estate market in Florida (or Texas, or Arizona) is typical of the nation is a mistake.