sell for top dollar: How Much Longer Can This Seller's Market Rage On?
- 01/14/21 09:33 AM
Houses for sale are in short supply. Multiple offers are the rule, not the exception. What is pushing this sellers market? How much longer can this market continue to rage on?
First, we have to look at the reason why there are too many buyers, and not enough sellers. The reason why there are too many buyers is because the birth rate spiked 1980-1988 as the early and middle BabyBoom generation had children had children of their own, creating a second baby boom. That second baby boom generation has now come of age for buying their first homes, and their move-up homes.
Meanwhile, … (2 comments)
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Houses for sale are in short supply. Multiple offers are the rule, not the exception. What is pushing this sellers market? How much longer can this market continue to rage on?
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