Odd Lots
Housing Analysts Already See Blistering Start to the Market in 2022
A construction worker in Buda, Texas, on Nov. 10, 2021.
Photographer: Matthew Busch/BloombergThis article is for subscribers only.
Independent analysts who study the housing market are indicating that 2022 is already looking like 2021, with dwindling inventories of homes for sale, tight supply constraints on homebuilders and blistering demand from buyers bidding up prices.
Mike Simonsen of Altos Research posted a Twitter thread on Monday about the collapse in available inventory and the massive bidding wars that are breaking out as a result: