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| Low Inventory? No Problem! |
| By Terri Murphy |
Have you ever wondered why housing inventory is so low? Although there are areas of the country where inventory appears to be lower and selling quickly, lack of inventory isn't an issue when smart agents offer to help their prospects understand that now's a great time for them to move. The size of the boomer generation is about even with the millennials, making these two groups dominant in the housing market. And while many boomers whose children have now grown and moved out may not have an immediate need to sell, it's inevitable that downsizing will be in their future. In fact, a recent survey from the National Association of REALTORS® reports that 85 percent of older boomers are hanging onto their big houses, and millennials are now indicating that they, too, aren't anxious to sell their homes. ...
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According to the U.S. Census Bureau, about 40 million Americans—one in nine people—move each year. While the majority
