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House hunting has become a daunting task with the current low housing inventory. In many cities, it's like finding a needle in a haystack. The housing crisis is affecting low-income families the most, making it nearly impossible to find affordable housing. A recent report from Realtor.com said that, "On average, active inventory in June was 50.6% below pre-pandemic 2017–2019 levels." The graph below helps illustrate just that. It uses historical data to provide a more concrete look at how much the numbers are still lagging behind the level of inventory typical of a more normal market.
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