Explaining Today’s Low Housing Supply

Keeping Current Matters October 2, 2023


Explaining Today’s Low Housing Supply

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.


Lack of building over Time 

For 14 years, builders didn't construct enough homes. That's caused a long-standing shortage of new homes.


The Mortgage Rate Lock-In Effect 

Some homeowners don't want to move and get a higher mortgage rate on their next home. This means fewer existing homes are coming onto the market.


People Are Staying in Their Houses Longer

Since 2010, people have been living in their houses for longer. This leads to fewer houses for sale since people don't move as often.

While the supply of homes for sale is low, real estate agents know exactly where to look and what to do to make your dream a reality. Let's connect so you have an expert on your side to help you successfully navigate the market and find your next home. 



We are Your GPS to Success Let’s Get Started

We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today

Follow Us On Instagram