Inventory remains low, and three factors are contributing to that.
It’s no secret that our housing market has changed significantly over the past couple of years. At a fundamental level, the most significant cause of that is inventory levels. Why are they so low? Today, I’m breaking down the three biggest factors contributing to our low inventory.
Feel free to watch the full message above or use these timestamps that will direct you to various points in the video:
0:00 — Introduction
0:46 — Rate-locked homeowners
1:40 — Fear of availability
2:14 — New construction
3:32 — The silver lining
4:26 — Wrapping up
If you have any questions about this topic or real estate in general, please feel free to reach out to me. I would love to help you with all of your real estate needs, so call or email me anytime.