Housing Market UpdateNew Construction September 29, 2023

Explaining Today’s Low Housing Supply [INFOGRAPHIC]

 

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. Let’s chat so you have an expert on your side to help you successfully navigate the market and find your next home.