Concept
Version 11
Created by Boundless
Nature of Inventory
![Housing inventory growth in Phoenix](../../../../../../../../../figures.boundless-cdn.com/9847/full/45095429-5fc93b0b96-z.jpeg)
Housing inventory growth in Phoenix
There was an interesting comment on the housing bubble blog listing "available inventory", otherwise known as the number of houses currently for sale, in Phoenix. It listed the available inventory on a daily basis from 7/20/2006 to 5/9/2006 (up to the day it was posted! )Phoenix is one of the "hot" markets of the housing bubble, but certainly isn't the top of the list. Inventory run ups like this are being seen nation wide, and are leading to price reductions (if the seller is smart) and long waits to sell as bubble flippers all try to cash out at once.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Housing inventory growth in Phoenix | Flickr - Photo Sharing!."
http://www.flickr.com/photos/ericskiff/145095429/
Flickr
CC BY-SA.