Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
A Decade of Housing Inventories
pawz
Member, Moderator, Swaye's Wigwam Posts: 22,477 
This is national, not regional. Regional is even tighter.
A "healthy" market has 3+ mos of inventory.
Comments
-
BUY! BUY! BUY!
-
What homeowner wants to sell a house during covid if they don't have to? Have a bunch of strangers going through your house potentially spreading virus, then you have to move out, and buy another house when few others are selling?
Plus, something like 30% of millennials have moved back home with their parents, so those parents won't be downsizing anytime soon to a condo in Boca or Scottsdale.
And permits for new construction have been restricted for all of 2020.
I'd hate to be a house buyer in this market. -
Because If you have equity and want to move up, mortgage rates are essentially free. Best levered investment you’ll ever make.HairyBallsDawg said:What homeowner wants to sell a house during covid if they don't have to? Have a bunch of strangers going through your house potentially spreading virus, then you have to move out, and buy another house when few others are selling?
Plus, something like 30% of millennials have moved back home with their parents, so those parents won't be downsizing anytime soon to a condo in Boca or Scottsdale.
And permits for new construction have been restricted for all of 2020.
I'd hate to be a house buyer in this market.
The COVID stuff is a detail and easy logistics.
