Today I wanted to talk about the current low housing supply we're seeing across the country. It's a complex issue, but I think it's important to understand the factors that are causing it so we can come up with solutions.
Some Highlights
I'm curious why there aren't more homes on the market right now. What do you think might be contributing to the limited supply?
The mortgage rate lock-in effect, people staying in their homes for longer, and a lack of building over time are the main reasons why there is a shortage in supply.
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