As home sales continue to rise, housing inventories tanked in October, down 9%, the largest decline since May 2018, according to the RE/MAX National Housing Report. Moreover, there is only a 3.1 month supply of housing inventory, which is the lowest in the report’s 11-year history.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
