Most people probably never think about housing inventory (the number of homes that are available for purchase) in any particular way. If you are thinking about buying a home now or in the next year or so, you will become very familiar with the term. What’s more, you’ll also learn about how real estate inventory effects;
- the amount of time it takes to find a home
- the price of homes
- the limitation of options and how that can effect your choice of home
I intend to address these in another video with a close friend of mine who is actually in the house buying process right now. Watch for that video soon. For now, check out this chat that I had with one of my favorite people (and a superb Realtor!) Frank Atrash.