These High-Inventory Markets Could “Swing Up” in the Next Cycle

Could today’s weak housing markets become tomorrow’s winners? One particular real estate demand “cycle” says that it’s more than possible. Everyone has written off real estate markets where inventory has risen, prices have dropped (substantially), and ⁠migration⁠ has slowed. But what happens when the pendulum swings in the other direction, and these dead markets return to life? ResiClub’s Lance Lambert joins us to get into all things supply, demand, and most importantly—inventory. According to Lance, we’re in the 25th percentile for weak housing markets, and one certain variable could increase our risk significantly, and it’s not getting much better. A “catalyst for risk” could push demand down even more, stunting already suffering housing markets. But there is hope.  Domestic and international migration surged post-pandemic but has come to a standstill in the past few years. When this migration “cycle” restarts, certain states, especially those with the weakest housing markets...