Low Inventory no listings

Low Inventory Means Selling Time

Thomas Gilliam Blog , buying a home , home selling , housing inventory , low inventory Leave a Comment

According to Realtor.com’s recent Housing Shortage Report, the US is experiencing the worst low inventory shortage in two decades. And while this presents a definite challenge for people looking to buy a home, it creates the perfect storm of opportunity for those wanting to sell. According to Realtor.com’s research, the housing shortage can be attributed to the baby boomer generation being unwilling to sell in the current market. In fact: 72% of existing homeowners over the age of 55 feel their current home fits their needs 85% of those baby boomers don’t plan to sell their home in the next 12 …