return on investment: Low inventory, higher prices.
- 10/29/18 06:54 AM
For a while now, we have not had as many homes for sale on the market as we normally do. It has in the past several years gotten even worse. While current buyers are keenly aware of the fact that not much is available to them at this time in certain price points, they also know something else. Prices are rising.
Its a simple microeconomics issue. Low inventory puts upward stress on prices. In the area I work, prices have been rising about 5+% per year. Not a bad return on investment when compared to the savings rates banks are paying out.
Will … (0 comments)
|
|
|
|
For a while now, we have not had as many homes for sale on the market as we normally do. It has in the past several years gotten even worse. While current buyers are keenly aware of the fact that not much is available to them at this time in certain price points, they also know something else. Prices are rising.
;)
;)
;)
