As the rumor spreads that millions of women are lined up to be weighed at the Fulton County Jail, we head into late summer and early autumn, rarely a time for increased home sale activity. The National Association of REALTORS®' total membership in July 2023 is 1.56 million. There are about 547k active listings. That’s one listing per three NAR members, which doesn’t even include non-NAR real estate agents. Analysts continue to point to the nationwide housing market struggling with low inventory levels and decreased affordability. While active inventory through the first six months of 2023 was higher than the record lows set in 2022, new listings have been lagging below 2022 levels. Just simply not enough homes? But Hawai’i’s Marcelle Loren writes, “I don’t agree with the reports of a lack of inventory. There’s just a lack of agents digging up properties to sell. For example, the death of Baby Boomers is a source of inventory: Rising costs are prompting more adult children to sell the homes they inherit from their parents. (Today’s podcast can be found here and this week’s is sponsored by Black Knight. Black Knight is an award-winning software, data and analytics company that drives innovation in the mortgage and real-estate industries, and the capital and secondary markets. Listen to an interview with the company’s Conrad Ficca and Richard Lombardi on climate risk and how lenders can mitigate its impact through data.) Lender and Broker Software and Services

Related Keywords

Hawaii , United States , Illinois , Chicago , District Of Columbia , Texas , Maryland , Jamison Mullen , Garth Graham , David Mccormick , Sam Rosenblatt , Marcelle Loren , Richard Lombardi , Jerome Powell , Anjelica Nixt , Conrad Ficca , National Association , Guild Mortgage , Federal Reserve , Broker Software , Fulton County Jail , Baby Boomers , Black Knight , Scaled Agile Framework , Think Customer , Shop Lock , Work Number , First Centennial Mortgage , First Centennial , Cherry Creek , Legacy Mortgage , Silicon Valley , David Hrobon , Federal Reserve Chairman Jerome Powell , Jackson Hole , Fed Chair Powell , Dallas Fed Texas , Fed Vice Chair , United States Mortgage , Home Loan Officer Jamison Mullen , Bill Sohan , Interlinc Mortgage , Loan Originator , Overall Lender , Top Retail Lender ,