I am seeing a familiar pattern that I saw in 2007 and 2008 in the housing market. There are more homes going on the market each month than are being sold.
Here is a small chart for St. Paul that I can see on the landing page when I log into our most excellent local MLS.
stats
The numbers only cover a week but I am seeing a pattern that has been going on for months. The inventory of homes on the market is still fairly low but it is growing.
Clearly buyers are needed. If there is anyone out there willing to step up to the plate please give me a call.
