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Monday Market Update: June 12, 2023

Housing supply shrank this past week. You ask what we mean.

Well…in the three categories we measure, total active listings when compared to the most recent month of sales (i.e. Months of Inventory measurement) we saw a shrinking of inventory.

In regular speak, the number of houses for sale decreased this past week.

Good news for sellers, not so much for buyers.

Well, that is unless you are a prepared and motivated buyer.

What does it take to be a winning buyer in today’s market? Give Matt a call, he’s here for you.

Matt Cheney
Washington Fine Properties
M: 202-465-0707
e: [email protected]

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With Matt Cheney
matt(dotted)cheney(at)compass(dotted)com 202.465.0707 DC BR600869
MD 582148
VA 0225101950