Inventory Issues in 2017 As the majority of buyers in the housing market are aware, the lack of inventory is putting a damper on a buyer’s home search. As stated in the previous blog Housing Forecast for 2017, the issue will only continue throughout the year. Low interest rates and the unleashing of pent up demand…
2016 was a prosperous year for the housing market with interest rates at record lows that had not been seen since the 1950’s. Appreciation values exceeded expectations and we are finally beginning to see light at the end of the housing recession tunnel. Also, more millennials became homeowners with the FHA first time home buyer…