In such a tight market, buyers are running out of options, said realtor.com Chief Economist Danielle Hale.
“Days on market and the number of new listings coming to market are lower than we typically see in the fall season, while listing views per property continue to move higher,” she said in a statement.
We saw here that the inventory usually surges at this time of year. But compared to previous Septembers, our selection is sparse at best:
NSDCC September New Listings:
2012: 320
2013: 406
2014: 365
2015: 405
2016: 413
2017: 311 (with a couple of days to go)
Look at the similarity – it was in the fall of 2012 that the Frenzy of 2013 began. Will the selling season of 2018 be just as crazy?