Housing Inventory Hits 1.62 Million — 4.9 Months’ Supply, Highest in Over a Decade

Housing inventory has climbed to 1.62 million homes nationwide—translating to a 4.9 months’ supply, which is the highest level we’ve seen in over ten years. What does this mean for you? With higher mortgage rates and sales moving at a gentler pace, buyers now have more breathing room and a wider range of choices. For sellers, it’s a moment to be thoughtful and realistic with pricing. I’ve seen this shift firsthand while helping folks all across Shelby and Jefferson Counties—whether you’re ready to buy, thinking about a change, or just want to understand how these numbers shape your next move, I’m always happy to break things down and help you navigate the options. The right home is about so much more than numbers, but understanding the trends can make a real difference for your family’s plans.