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What is Inventory?

Real estate inventory refers to the total number of properties that are currently available for sale in a particular market. This includes single-family homes, condos, townhouses, and other types of residential properties. In addition to residential properties, real estate inventory can also include commercial properties such as office buildings, retail spaces, and industrial buildings. In real estate, inventory is a key indicator of the state of the market and can play a significant role in determining the behavior of buyers and sellers. High levels of inventory indicate that there is a surplus of properties available for sale, which can result in a buyer's market where prices may be lower and buyers have more negotiating power. On the other hand, low levels of inventory can result in a seller's market where prices may be higher and there is more competition among buyers to purchase available properties. The level of inventory can also be impacted by various factors such as ec...

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