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Unpacking the Persisting Inventory Crisis Plaguing Housing Market
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A recent Black Knight, Inc. report has delved into the extent of the inventory crisis that has continued to plague the housing market. Despite the recent progress in increasing the supply of homes for sale, the report suggested that those developments aren't good enough to correct the dearth of homes for sale...
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With real estate markets exploding across the country, more homeowners have significant home equity. Just 10 years ago, that was not the case. In fact, many owners were selling at a loss due to the economic downturn from 2008 - 2012. It has been an unprecedented run in exploding home values since then...
