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The Housing Inventory Shortage Is Not Likely To Quickly Work Itself Out |
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Did you hear that...
It's not happening on every house in every price range in every location -- but it (lots of showings, multiple offers) is happening very frequently these days. Clearly, there are waaaaaay more buyers in the market than there are sellers. And, sadly, it doesn't seem that this housing inventory shortage is not likely to work itself out anytime soon. After all...
So, alas, for the foreseeable future...
I wish I saw an easy or fast or near-term way out of this situation, but I'm not currently seeing it on the horizon. In theory, the answer is new construction of "for sale" homes at scale, but we're not there yet... Recent Articles:
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
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