• Some thoughts on increasing the Homeowner Housing Supply in the Short Term

    5 days ago - By Calculated Risk

    Currently "For Sale" housing inventories are at record low levels. What could lead to more supply in the short term?
    Here are the organic reasons.
    First, as the pandemic subsides, potential sellers will be more willing to list their homes. So I expect more inventory later this year
    Second, an increase in mortgage rates would likely slow demand (usually demand picks up when interest rates first start to increase, as buyers are afraid of missing out on low rates). But if 30 year fixed rate mortgages move up closer to 4% , this will probably slow demand.
    Third, homebuilders are responding to...
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