Contact

Page 1 of 1

Housing Inventory: “Severe, Accelerating, Chronic Shortages in Every Market, in Every Price Range”

Jeannette Thompson

Published 2 weeks ago

The authors cite 7 key reasons for the trend in the above PDF:
1. Increased informational efficiency - It's easier than ever to shop for and find homes.
2. Accommodating fiscal policy- Rates spent longer than ever at lower-than-ever levels. Owners who refi'd at these rates have
little incentive to give up their mortgages.
3. Remote Work - Everyone moved to the suburbs!
4. Institutional Investors- Housing has been a fashionable investment on Wall St and these institutional investors account for
a significant amount of demand--especially in the lower price tiers.
5. Restrictive Zoning - Certain metros have rules that prevent higher density housing, thus increasing demand for single family homes.
6. Supply Chain - Land, labor, and material shortages only hurt housing availability further.
7. Rooted Sellers- See number 2 above, but also consider that a starved inventory situation only creates an additional reason
for sellers to stay put.

Need a copy?

Download PDF

Lower your interest rate in exchange paying for an upfront fee!

What Is The Housing Market Doing Today? What Do You Need To Know About The Current Recession?

We are getting more rate hikes, Here's what to do...

National Rate Averages

Conf. 30Y Fixed

5.927%
0.027

FHA 30Y Fixed

5.71%
0.026

Jumbo 30Y Fixed

5.329%
0.047

Rate averages are calculated from actual locked rates. Learn more.

Additonal Resources

Is the Housing Market Correcting?

Published 5 days ago

A Consumer Price Index Update!

Published 5 days ago

Housing Inventory: “Severe, Accelerating, Chronic Shortages in Every Market, in Every Price Range”

Published 2 weeks ago

Luxury Homes Are in High Demand!

Published 2 weeks ago

We do it better! Let us show you how!

Published 2 weeks ago

Is a Recession Coming and What Should You Do About It?

Published 3 weeks ago

Home Loans, LLC

Company NMLS# 1850117

202 Main Street
Frisco, CO 80443
  • Equal Housing Opportunity Logo

Notice that the Gongloff Group has a business relationship with Home Loans, LLC. The owners of both companies own 100% of ownership interest in each business. Because of this relationship, this referral may provide the Gongloff Group a financial or other benefit. You are NOT required to use the listed provider(s) as a condition for settlement of your loan or purchase, sale, or refinance of the subject property.

© 2022 Lender Launchpad. This is not a Government website. Lender Launchpad and its products are not endorsed by the Department of Veterans Affairs or the US Department of Housing and Urban Development. The content on this site is for educational purposes only and is not an advertisement for a product or an offer to lend. If you have questions about the loan officers featured within our lender directory, please visit the Nationwide Mortgage Licensing System & Directory for more information and to check their licensing status at https://www.nmlsconsumeraccess.org