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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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Inventory Shortages Are Slowing Down the Market | Real Estate with Noel Veitia

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 the year that the housing market races forward again. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While buyer demand looks like it will remain strong throughout the summer, supply is not keeping up. Here are the thoughts of a few industry experts on the subject: Lawrence Yun, Chief Economist at NAR: “Selle...

May 26th, 2017 | buy, cost, real estate, reasons, demand, Inventory Shortages Are Slowing Down the Market | Real Estate with Noel Veitia