Mar 1, 2021
4:11:24pm
4:11:24pm
sellers don't want to be buyers right now, so they're not listing their homes.
The risk of not being able to buy back in to the market you're selling in is too much for many people. The normal, and healthy, movement of buyers/sellers to a smaller/bigger home isn't happening.
It's like a game of musical chairs, but when the music starts the players won't get up. They just stay seated and grip their chairs.
For the most part, the people leaving the area are the ones listing for sale, and there aren't enough of them.
It's like a game of musical chairs, but when the music starts the players won't get up. They just stay seated and grip their chairs.
For the most part, the people leaving the area are the ones listing for sale, and there aren't enough of them.
Originally posted on Mar 1, 2021 at 4:11:24pm
Message modified by BYUFBDAD on Mar 1, 2021 at 4:12:01pm
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Those are all factors, but the biggest factor is insanely low rates. Once rates go back up, demand for housing will
3/1/21 3:38pm
3/1/21 7:44pm
3/1/21 4:30pm
3/1/21 6:37pm
3/1/21 3:46pm
Also lots of kids and people that still like having kids. Internal growth projections were already strong
3/1/21 3:53pm
3/1/21 4:34pm