[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2uczraidte5va":3,"$f2emv3tus0uf1":33,"$fbwk2pqjjqsc7":37},{"item":4,"previous":21,"next":27},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":12,"bodyImage":9,"isInfographic":13,"categories":14,"isVideo":13,"videoThumbnail":9,"videoSource":9,"publishedAt":19,"updatedAt":20},518,"lack-of-inventory-challenging-many-housing-markets","Lack of Inventory Challenging Many Housing Markets ","Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject:","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F03\u002F01161613\u002FSTM-2.jpg","Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject:\u003C!--more-->\r\n\u003Ch4>\u003Ca href=\"http:\u002F\u002Fwww.dsnews.com\u002Fnews\u002F03-10-2016\u002Fask-the-economist-existing-home-shortage-has-a-domino-effect-on-the-market\">David Crowe\u003C\u002Fa>, Chief Economist for the \u003Cem>National Association of Home Builders\u003C\u002Fem>:\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“Many sellers may not have an absolute decision as to whether to buy an existing home or a new home. So the low inventory of existing homes is locking them in place.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Ca href=\"http:\u002F\u002Fwww.housingwire.com\u002Fblogs\u002F1-rewired\u002Fpost\u002F36514-heres-what-the-spring-housing-market-will-look-like-this-year?eid=311680550&bid=1338685\">Ralph McLaughlin\u003C\u002Fa>, Chief Economist with \u003Cem>Trulia\u003C\u002Fem>:\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“We are in a time of short supply, which is great news for sellers because they will likely be faced with multiple offers due to the little inventory out there…Buyers will be up against a lot of other people and against a short supply of existing homes.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Fnews-releases\u002F2016\u002F02\u002Fpending-home-sales-cool-down-in-january\">Lawrence Yun\u003C\u002Fa>, Chief Economist with \u003Cem>NAR\u003C\u002Fem>:\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“First-time buyers in high demand areas continue to encounter instances where their offer is trumped by cash buyers and investors. Without a much-needed boost in new and existing-homes for sale in their price range, their path to homeownership will remain an uphill climb.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Ca href=\"http:\u002F\u002Fwww.housingwire.com\u002Farticles\u002F36327-when-will-housing-inventory-shortages-finally-end\">Fitch Ratings\u003C\u002Fa>:\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“One important issue that has restrained sales and starts is inventory. On an absolute basis, inventory has not expanded as much as in past recoveries, leading to less selection for buyers. This is especially true for existing home sales but is evident for new home construction as well. When it comes to U.S. housing inventory, more is better.\" \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Ca href=\"http:\u002F\u002Fwww.realtor.com\u002Fnews\u002Ftrends\u002F2016-off-to-good-start-home-sales\u002F?cid=soc_20160226_58717896&adbid=703324669026258944&adbpl=tw&adbpr=17351940\">Jonathan Smoke\u003C\u002Fa>, Chief Economist for \u003Cem>Realtor.com\u003C\u002Fem>:\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“The increase in sales is resulting in continued tighter-than-tight supply—measured by NAR to be four months in January.  For you non-economists out there, that metric measures the number of months it would take to sell the current inventory of available homes, at the current pace. Got it? Six to seven months’ worth of homes on the market is considered normal; four months is cray-cray.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n ",false,[15],{"id":16,"name":17,"slug":18},6,"For Sellers","sellers","2016-03-17T10:00:41Z","2016-03-16T17:54:38Z",{"id":22,"slug":23,"title":24,"featuredImage":25,"publishedAt":26,"contentType":10,"isVideo":13},517,"the-main-reason-to-use-a-real-estate-professional-when-selling-your-house","The Main Reason to Use a Real Estate Professional when Selling Your House","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F03\u002F01161613\u002F316-STM.jpg","2016-03-16T10:00:25Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":13},519,"the-mortgage-process-what-you-need-to-know-infographic","The Mortgage Process: What You Need To Know [INFOGRAPHIC]","https:\u002F\u002F\u002F","2016-03-18T10:00:14Z",{"cover":34,"open":35,"shareSpread":36},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[38,42,46,47,51,55,59,63,67,71,75,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151],{"id":39,"name":40,"slug":41},1,"Uncategorized","uncategorized",{"id":43,"name":44,"slug":45},5,"For Buyers","buyers",{"id":16,"name":17,"slug":18},{"id":48,"name":49,"slug":50},7,"Foreclosures","foreclosures",{"id":52,"name":53,"slug":54},8,"Infographics","infographics",{"id":56,"name":57,"slug":58},9,"Home Prices","home-prices",{"id":60,"name":61,"slug":62},11,"First-Time Buyers","first-time-buyers",{"id":64,"name":65,"slug":66},34,"Senior Market","senior-market",{"id":68,"name":69,"slug":70},35,"Mortgage Rates","mortgage-rates",{"id":72,"name":73,"slug":74},38,"Move-Up","move-up",{"id":76,"name":77,"slug":78},41,"For Sale by Owner","for-sale-by-owner",{"id":80,"name":81,"slug":82},42,"Featured","featured",{"id":84,"name":85,"slug":86},45,"New Construction","new-construction",{"id":88,"name":89,"slug":90},52,"Luxury \u002F Vacation","luxury--vacation",{"id":92,"name":93,"slug":94},53,"Rent vs. Buy","rent-vs-buy",{"id":96,"name":97,"slug":98},80,"Time-sensitive","time-sensitive",{"id":100,"name":101,"slug":102},81,"Outdated","outdated",{"id":104,"name":105,"slug":106},147,"Internal","internal",{"id":108,"name":109,"slug":110},148,"Do Not Autopost","do-not-autopost",{"id":112,"name":113,"slug":114},320,"Inventory","inventory",{"id":116,"name":117,"slug":118},321,"Agent Value","agent-value",{"id":120,"name":121,"slug":122},322,"Affordability","affordability",{"id":124,"name":125,"slug":126},323,"Buying Tips","buying-tips",{"id":128,"name":129,"slug":130},324,"Downsize","downsize",{"id":132,"name":133,"slug":134},325,"Economy","economy",{"id":136,"name":137,"slug":138},326,"Equity","equity",{"id":140,"name":141,"slug":142},327,"Forecasts","forecasts",{"id":144,"name":145,"slug":146},328,"Selling Tips","selling-tips",{"id":148,"name":149,"slug":150},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":152,"name":153,"slug":154},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]