House Prices and Inventory

This will be an interesting year for housing. With the tax changes - and rising mortgage rates - a key question is: What will be the impact on housing? The answer is no one knows for sure. For the possible impact of tax changes on housing, see: Question #10 for 2018: Will the New Tax Law impact Home Sales, Inventory, and Price Growth in Certain States? It is difficult to measure demand directly, but inventory is fairly easy to track. Watching existing home "for sale" inventory is very helpful. As an example, the increase in inventory in late 2005 helped me call the top for housing. And the......(read more)

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