Does an increase in inventory mean that homes prices will decline? Where will we see home prices decline first? What is causing inventory levels to build? In this video, we discuss why we are likely seeing the number of available homes increase and why it will likely continue even with high buyer demand as well as a housing market forecast on what areas will continue to do well even in the face of rising inventory.
🏠 – First Time Home Buyer Course – http://www.becominghomewise.com
✅ – Get a Referral to a Mortgage Lender or Realtor – http://www.jebsmith.net/referral
What are your thoughts on an increase in supply? Are you seeing more available homes in your housing market? Are you seeing home prices decline due to an increase in supply? Why do you think inventory is increasing? Is it because homes are no longer affordable or because sellers are overpricing their homes? Is affordability in the housing market really an issue since you have buyers still willing and able to pay those home prices? How do you think the rise in house prices 2021 is going to affect the housing market? What are you thoughts on a housing market crash? How long do you believe this can go on? Let me know in the comments below.
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Jeb Smith (huntington beach Realtor/orange county real estate)
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith
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