Forecasting # of future new listings/relistings
I've found data sources that list Active listings by zip code by month, so you can get a general feel for the peaks and throughs over the years. Wondering if anyone has any preferred data sources when it comes to real estate data? The other data point I want to find, which seems a little more complicated, is knowing how many houses have been pulled from the market over the past half year. Is this accessible anywhere? I have the impression that there were a lot of listings pulled in my Area in Nov/Dec. that will come on market later. Basically, I'm trying to predict if I will see a increase of houses in the next month. In Ohio, May/June does seem like the hottest time of year, but at the moment inventory is still quite low, so I'm just getting worried that there won't be much coming to the market this spring. Otherwise there are a few houses that have been on the market, that are decent but overpriced. Thus, I'm contemplating making a low offer.