The good news is that inventory is lower in all three counties in a year over year comparison; however, when you look at last year the inventory should be steadily declining until we hit a seasonal low in December but instead we see a small increase in all three counties. I am hoping that this is not a developing tread and it will see it flatten out or decrease next month.
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Many may not perceived it but it is actually the best time to purchase a new home because of the advantages it offers such as lower price, lower interest rates, tax savings, more choices etc. So instead of wasting money in renting a place, buying something that can be an equity is far more better option.
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