Market of the Moment 5.14.21

[Alan Walker]

The market is beach-body-ready based on this week’s skinny numbers. Sadly we are below 200 active homes again. Days on market are at record lows. Where are all the homes for sale is the big question everyone is asking. I’ve heard theories ranging from hedge funds restricting supply to drive up prices and talk of shadow inventory waiting in the wings for foreclosures to start again. For my realtor friends, what do you think is causing the continued low inventory?