Low Housing Inventory
Housing inventory continues to be at record lows but it’s not just today’s high buyer demand. Our low supply goes hand-in-hand with the number of new homes built over the past decades. According to Sam Khater, VP and Chief Economist at Freddie Mac:
“The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes.
Read full article on KeepingCurrentMatters.com.
This is why when final opportunities are offered; home buyers need to take advantage and move quickly.
Fields Bridge sold out quickly due to three main reasons: