These areas have heavy rental markets so there is always some inventory and it is easy to sell and exit if you wish to.

This has contributed to lower inventory as sellers are hesitant to walk away from their historically mortgage costs, but the start of the pandemic era rates is now four years ago (2020) and life events often eventually force property sales.

Real Estate Update Here's the latest market report (based on single family homes): Mortgage Rates:30-year conventional rate today is 7.15%30-year VA rate today is 6.65% Median Sales Price:March: $475,000April: $476,000May: $475,995 New Listings:March: 1,845April: 1,957May: 2,099 Median Days on Market Until Sale:March: 16April: 12May: 13 Months Supply of Inventory:March: 1.9April: 2.2May: 2.2 What does "Months Supply of Inventory" mean?

Dallas is a rough city to get inventory. 

That market has more inventory that better aligns with your criteria.

. - As a realtor and investor in the Destin area, we do typically see a slight rise in inventory as we enter the off-season in the end of August.

Turning a corner with more inventory, more sales, still higher prices reflecting strong demand.Median Price: $660,000, +7.06% Yoy.Closed Sales: 3,615, +8.92% Yoy.12 month Closed Sales: 38,005, -13.85% Yoy.YTD Closed Sales: 13,004, +9.02% Yoy.Inventory: 5,896, +26.31% Yoy.YTD Inventory: 21,298, -10.88% Yoy.New Listings: 6,146, +15.96% Yoy.YTD New Listings, 20,237, +7.49% Yoy.Months Supply: 1.8, +38.46% Yoy.Cumulative Days On Market 38, -13.74% Yoy.

Hi Nicholas, The DC metro area, including Harford County, MD, has seen strong demand and limited inventory, which can drive prices up.

There is just a ton of inventory so you have to weed through the break even/second home only properties.

There is more inventory but still an elevated demand for both affordable and luxury vacation rental eligible prime homes.