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Sponsored by Quicken Loans |
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Power Brokers: Lack of Listings Remains Troublesome, but Another Concern Is Emerging |
By Suzanne De Vita |
Looking to recent years, the housing market was on a stanch trajectory: dried-up listings, mounting prices…and sales that struggled to take off. Now, as 2019 begins to crystalize, the market outlook is shifting, and Power Brokers have a decidedly different perspective. According to RISMedia's 2019 Power Broker Report, 49 percent of Power Brokers are in a "balanced" market, and 27 percent are in a "growing" market. Their chief concern is inventory—again the No. 1 challenge, as in past years—but also a degree of economic uncertainty. In 2018, 1 percent of Power Brokers were contending with economic unknowns; in 2019, that share shot up to 25 percent. ...
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