Posts from March 2016

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March
21

Lack of Inventory Challenging Many Housing Markets

March 21st, 2016 by Jeff Hardy

Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject:

David Crowe, Chief Economist for the National Association of Home Builders:

"Many sellers may not have an absolute decision as to whether to buy an existing home or a new home. So the low inventory of existing homes is locking them in place."

Ralph McLaughlin, Chief Economist with Trulia:

"We are in a time of short supply, which is great news for sellers because they will likely be faced with multiple...

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