House-Buying Power at Near-Historic Levels
We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the...
Tagged: Housing Shortage
![Median Days on the Market Drops to 27! [INFOGRAPHIC]](https://propertiesbykm.com/wp-content/uploads/2017/07/Median-Days-on-the-Market-Drops-to-27-INFOGRAPHIC-720x340.jpg)
#1 Answer to the Housing Shortage: New Construction
The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months....
Inventory Shortages Are Slowing Down the Market
The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be...
