The term “Silver Tsunami” refers to aging Americans changing their housing arrangements as they grow older. While some expect a surge in home sales from baby boomers downsizing, experts believe it won’t have a significant impact anytime soon. Many baby boomers prefer to age in place, and any housing market impact will be gradual over the next few decades.
Tag Archives: low inventory
Are There Actually More Homes for Sale Right Now?
If you’re looking to make a move, you want to be sure you have the latest information on the housing market. To help make that possible, here’s an update on the supply of homes for sale today. Whether you’re looking to buy or sell, the number of homes available in your local market matters to you. Take aContinue reading “Are There Actually More Homes for Sale Right Now?”
How Can You Believe Prices are Falling with Low Inventory?
An ongoing consumer refrain at open houses and in grocery store conversations is “Home prices are crashing!” Is that true? Let’s explore some facts about this year’s home prices and the inventory impact, too. Last year at this time, many housing experts projected home prices were going to crash in 2023. Being disaster oriented, media outlets ranContinue reading “How Can You Believe Prices are Falling with Low Inventory?”
Housing Inventory is Low But More Homes Are Coming onto the Market!
Why Is Housing Inventory So Low? So today we’ll address this frustrating dichotomy – ongoing low inventory even though more homes are coming on the market at a time of year when inventory usually drops even more! For buyers new to the market, one question that’s top of mind if you’re thinking about making a move todayContinue reading “Housing Inventory is Low But More Homes Are Coming onto the Market!”
We’re in a Seller’s Market… Why Buyers are Buying and Sellers are Selling!
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house or buy your first orContinue reading “We’re in a Seller’s Market… Why Buyers are Buying and Sellers are Selling!”
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