In January of this year, the national inventory was only 1.6 months, and the latest data has us up to 2.6 months of inventory. While this isn’t a huge difference, it is enough to make an impact on the market. If we look at the inventory from last year (Slide 3), we see that there are more homes going on the market now than there was last year. Buyers have more and more options now and it has resulted in more competition amongst sellers to try and get their homes sold. Sellers are reducing prices and being more realistic in order to compete with the increase of inventory, which means buyers have more power and options than they have had in quite a few years. So with more listings and options available for buyers, now is the time to reach out to my team about getting into your dream home.