---
title: "Home Buyers Vie for Scarce Merchandise: Homes for Sale"
description: February saw national home inventories decline by over 15% vs. a year ago, the largest decline ever recorded since Realtor.com began tracking home inventory data.
---

[Financials | National Investor Network ](https://www.nationalinvestornetwork.com/financials)

# [Home Buyers Vie for Scarce Merchandise: Homes for Sale](https://www.nationalinvestornetwork.com/financials/home-buyers-vie-for-scarce-merchandise-homes-for-sale)

 Written by [Jeff Mindham](https://www.nationalinvestornetwork.com/financials/author/jeff-mindham) | Mar 10, 2020 1:18:16 AM

February saw national home inventories [decline by over 15% vs. a year ago](https://magazine.realtor/daily-news/2020/03/06/buyer-competition-expected-to-be-steep-this-spring), the largest decline ever recorded since Realtor.com began tracking home inventory data. Half of the nation’s largest metro areas in February saw inventories decline by 20% or more from the same period last year.

Danielle Hale, chief economist at Realtor.com said: “The Fed’s decision to cut rates 50 basis points earlier in the week in reaction to the coronavirus is good for home buyers only if they can find a home to purchase.”

[View full post](https://www.nationalinvestornetwork.com/financials/home-buyers-vie-for-scarce-merchandise-homes-for-sale)

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