The Lack Of Homes For Sale Is Growing

By
Real Estate Agent with Joe Manausa Real Estate 8508880888
https://activerain.com/droplet/5pS6

There is a shortage of homes for sale, and the imbalance is growing. So much so there is a void of homes where inventory once flourished.

So just how extreme is the shortage and what does it mean to the buyers standing ready with low mortgage interest rate loans?

Today’s report focuses on the inventory-side of the housing market, looking at what’s being listed and what the existing supply level means for future home values.

Follow along as I dig right into the current housing supply shortage.

Inventory Shortage Update

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Joe recently wrote "The Business of Getting Business."

It is a comprehensive guide for small businesses to help them understand how to implement digital marketing. For Realtors, it's a guide to using digital as the heart and soul of your marketing.

For those of us who want to survive and thrive in a world where large corporations are taking over, it is a must-read.

You can find "The Business Of Getting Business on Amazon here.

 

 

 

Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917

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Groups:
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Tags:
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Show All Comments
Rainer
640,120
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Thanks for sharing Joe.

The situation is very similar across the Country in most markets!

There is a shortage of homes for sale, and the imbalance is growing. So much so there is a void of homes where inventory once flourished.

Dec 16, 2020 04:16 AM #1
Rainmaker
1,596,370
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

I'm hearing the same thing too Sham Reddy CRS 

Dec 16, 2020 04:59 AM #2
Rainmaker
2,226,061
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

Great post! Best wishes for a wonderful Holiday season!

Dec 16, 2020 05:49 AM #3
Rainmaker
2,916,993
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

A shortage of housing inventory has been an issue for quite some time in Sacramento.  

Dec 16, 2020 09:06 AM #4
Rainmaker
1,596,370
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you and happy holidays to you too Joe Jackson 

Dec 16, 2020 02:20 PM #5
Rainmaker
1,596,370
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

It's funny Myrl Jeffcoat , I was just on a support call with my website provider and he saw the MLS total listing count and said "is that all there are?" Much less than half of what there was a few years ago.

Dec 16, 2020 02:22 PM #6
Ambassador
2,697,386
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Starter sized homes are almost non existent on our area.  Buyers are taking advantage of the low rates

Dec 16, 2020 06:15 PM #7
Ambassador
2,166,377
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

It's nuts. Unfortunately, people are not always making good decisions. Buying over-value and foregoing the usual contingencies. I hope it changes in 2021. 

Dec 17, 2020 08:00 AM #8
Ambassador
3,263,240
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

The housing shortage is awful here.  The last single family home my buyers made an offer on had 51 offers on it in 5 days.

Dec 17, 2020 05:54 PM #9
Rainmaker
1,596,370
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for stopping by and leaving a comment Ed

Jan 31, 2021 05:10 AM #10
Rainmaker
1,596,370
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for stopping by and leaving a comment Debb

Jan 31, 2021 05:10 AM #11
Rainmaker
1,596,370
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for stopping by and leaving a comment Chris

Jan 31, 2021 05:10 AM #12
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