Explaining Today’s Low Housing Supply: Infographic
If you’re looking to buy a home, you may be wondering why the supply of homes for sale is limited today. Here are a few factors at play when dealing with Low Housing Supply.
Some Highlights
- Wondering why the supply of homes for sale is limited today? There are a few factors at play.
- Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.
- But real estate agents know exactly where to look and what to do to make your dream a reality. Connect with an agent so you have an expert on your side to help you successfully navigate the market and find your next home.
Getting Pre-Approved for a mortgage is the first step in getting ahead of this shortage. Contact us or complete the form below and let’s help you get into your new home today!