Buyers Want To Know: Why Is Housing Supply Still So Low? Buyers Want To Know: Why Is Housing Supply Still So Low? One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale. While low inventory in the housing market isn’t new, it’s a challenge that continues to grow over time. Here’s a look at two reasons why today’s housing supply is low and what that means for you. 1. New Home Construction Fell Behind for Several Years The graph below shows new home construction for single-family homes over the past five decades, including the long-term average for housing units completed. Builders exceeded that average during the housing bubble ( shown in red on the graph ). The result was an oversu...
Is This the Year You’ll Add a Home Gym? Is This the Year You’ll Add a Home Gym? Winter and early spring are typically great times for construction projects around the house. Not only do materials tend to be a bit cheaper due to reduced overall demand, but some labor costs may be reduced as well. Because of this, some homeowners tend to start looking for add-on projects or major remodels to undertake so that they can take advantage of lower prices and faster project starts. In recent years, one popular home project is adding a home gym, often converting a largely unused basement or garage space into an area for a wide range of workouts . It’s possible that you’ve considered adding a home gym yourself, either as a room conversion or in an exterior building or add-on. Let’s look at this project a little more closely to determine whether this is the year you should let those home gym dreams come true. Home Gym Basics When you think of a home gym, you might think of ...
Seller Tips - If you are thinking of selling, this is a great starting point. Please visit http://dlvr.it/SG0GFp or contact me anytime at brendaw@bhhsnv.com or 702-575-5215. Brenda Wynn Team LICENSE#: S.0078419 BERKSHIRE HATHAWAY HOMESERVICES NEVADA PROPERTIES (702) 575-5215 http://dlvr.it/SG0GFz BRENDAW@BHHSNV.COM 3185 ST. ROSE PARKWAY #100 HENDERSON, NV UNITED STATES 89052 http://dlvr.it/SG0GGF http://dlvr.it/SG0GGN
Comments
Post a Comment