Demand for homes will be strong next year, but homebuyers will have few options. In fact, according to a new forecast, 2020 may just see the biggest housing inventory shortage in U.S. history
In fact, according to a new forecast for 2020, next year may just see the biggest housing inventory shortage in U.S. history.
Currently, only one out of every 10 markets is seeing inventory growth. That’s down from the start of 2019, when two out of every three markets was growing. Continued strong demand for housing—particularly options at the entry-level—is only exacerbating the issue. According to a recent analysis from credit bureau TransUnion, between 8.3 and 9.2 million first-time homebuyers are expected to hit the market in the next few years.
“The construction of new homes in 2019 was largely isolated to upper-tier of housing and that is unlikely to ease conditions for first-time homebuyers,” he says.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Rapinoe kicks 2020 into gear with endorsement of Democrat WarrenUnited States forward Megan Rapinoe threw her political support behind Democrati...
Consulte Mais informação »
The highest-paying freelance jobs of 2020 where you can earn $90,000 or moreThe 25 highest paying freelance jobs in 2020 where you can earn $90,000 or more range from contract law and data visualization analyst to digital marketing consultant, according to Upwork.
Consulte Mais informação »
Channel Your Inner Capricorn With These 2020 PlannersThe 13 Best Planners to Get You Actually Organized in 2020
Consulte Mais informação »
The 16 Best Destinations For Cheap Flights In 2020As Southwest continues to expand routes to Hawaii, fare competition is continuing to increase there in 2020. Traditionally there are more deals from the West Coast to Hawaii
Consulte Mais informação »
Democratic 2020 candidates threaten to skip debate because of labor disputeThe seven Democratic candidates who have qualified for next week's presiden...
Consulte Mais informação »