The #1 Reason It Is Difficult to Find Your Dream Home
Posted by Shane Andersen on
The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there is a shortage of homes available for sale in the lower price points. Boomers are staying in their current homes longer because there is a shortage of homes available for sale to which they would move. In certain markets, affordability is becoming more challenging because there is a shortage of homes available for sale.What’s the major reason for this lack of housing inventory?The issue was examined in a recent article by the National Home Builders…
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