Housing Shortage of Epic Proportions Reported by JCHS The Joint Center of Housing Studies at Harvard University recently released their 2017 State of the Nation’s Housing Study. Also, an additional blog post revealed some of the more surprising aspects of the study. The first two revelations centered around the shortage of housing inventory available in […]
Category Archives: New Construction
The Supply & Demand Problem Plaguing New Construction
Many real estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale throughout the United States. The added inventory would no doubt aid buyers in their search to secure their dream home, while also helping to ease price increases throughout the country. […]
#1 Answer to the Housing Shortage: New Construction
The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices have continued to appreciate at higher levels than historic averages. The good news is […]