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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 494
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Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 404
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Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

Total inventory remains low, however, keeping prices higher on an annual basis. People are seeking to move on as they experience life-changing moments – if they can afford what sellers are seeking. This will skew figures, particularly in Seattle where more ADUs are under construction than traditional single-family residences.

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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. Inventory was little changed from July to August. months’ inventory, down from 1.5 Single-family-home inventory was unchanged at 1.4 It remained at 1.5

Finance 68
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Confirmed: We’re not in a housing bubble.

Cornerstone

That’s the question on every homebuyer and seller’s mind. ” Yun said this in response to the high homebuyer demand and rising housing prices we’re currently seeing — which he blamed simply on a shortage of inventory. percent 2025: 3.5 Reading Time: 3 minutes. Are we entering a housing bubble again?

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Affordability Woes Prompt Historic Housing Slowdown

Will Springer Realtor

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. months of inventory available in the county, down from 2.0 in September.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

HOA 36