Tag: housing inventory

Buying When They Aren’t Selling

These days houses are attracting so many competing offers and selling so fast that many buyers become frustrated and fear they’ll never win a home that fits their needs. On top of that, sellers are making tough demands, refusing to accept buyer contingencies such as selling an existing house. Is there any hope for getting… Read more »

Housing Inventory Shortages Drive Sales Despite Pandemic Recession

The COVID-19 global pandemic has brought periodic business shutdowns across the country and a huge spike in unemployment. The conventional wisdom is that the resulting recession should crater the housing market. Yet housing sales have largely remained strong because of housing inventory shortages. Here’s why there aren’t enough houses to meet today’s demand. National inventory… Read more »