The housing market is really heating up and buyer demand is dramatically increasing as we enter the spring season. However, one challenge to the current market is a major shortage of inventory. Below are a few comments made in the last month by industry experts.
“Looking ahead, the key for sustained momentum and more sales than last spring is a continuous stream of new listings quickly replacing what's being scooped up by a growing pool of buyers. Without adequate supply, sales will likely plateau."
"Low inventories and tight credit will limit the gains we will see in 2016. However, given the level of pent-up demand evident in web activity and stated buyer intentions for 2016, we should see this spring materialize as the busiest season of sales since 2006."
“Inventory is too low to support much higher sales. There's virtually no inventory available at the entry level, and single family housing starts and permits continue to languish at levels far below where they should be at this point of the recovery.”
“Many sellers may not have an absolute decision as to whether to buy an existing home or a new home. So the low inventory of existing homes is locking them in place.”
“Challenges remain, with low housing supply and declining affordability being a key concern in many markets.”
Property Search
RSS Feed
Search Blog
Recent Blogs
Why 2020 Is The Best Year To Buy That Investment Property - There isn't a bad time to buy an
CHRISTMAS LIGHTS AND EVENTS IN DILWORTH PLAZA - CHRISTMAS LIGHTS AND EVENTS IN
5 Investment Properties In Port Richmond Below 210K - People who are buying an
Northwest Living - Why Manayunk, East Falls, and
Our Bloggers
Jennifer Bazydlo - 1
Erin Bishop - 49
Patricia Boucher - 1
Lisa Boucher - 33
Brigit Brust - 324
Jac Carson - 1
Liz Clark - 8
Jackie Dabrowski - 17
Keith Elsen - 106
Michelle Federman - 186
Julia Feng - 8
Clark Fennimore - 2
Consuela Franks - 28
Michael Garden - 24
Sal Gardner - 267
Alison Goldblum - 8
Elyse Green - 39
Dennis Hallda - 43
Mary Hogan - 3
Jeremy Kaplan - 40
Wesley Kays-Henry - 15
Erin Knight - 2
Lindsey Koontz - 26
Kristen Lubbe - 14
Corrin Marrazzo - 4
Leah Milito - 46
Brynn Monaghan - 2
Natasha Mtshali - 261
Barb Mulckhuyse - 6
Matthew Ochs - 12
Ryan Quinn - 24
Jivey Rivas - 12
Sarah Scott - 33
Amy Shelanski - 68
Alexander Simon - 1
Bob Snyder - 7
Janette Spirk - 17
Rachel Street - 76
Emily Terpak - 23
Anthony Tyler - 10
Kathy Walsh - 12
Brooke Willmes - 145
This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.
Click 'Save' to add a property to this list.New & returning visitors please enter your information to login.
This message will go directly to the head of our team.