[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fv9pcgn760wuc":3,"$ffeh0925h8cuz":42,"$f2emv3tus0uf1":46,"$fbwk2pqjjqsc7":50},{"item":4,"previous":30,"next":36},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":28,"updatedAt":29},995,"the-impact-of-tight-inventory-on-the-housing-market","The Impact of Tight Inventory on the Housing Market","The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F01\u002F03154355\u002F20180109-Share-STM.jpg","The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.\u003C!--more-->\r\n\r\nHowever, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2017\u002F12\u002F07\u002Fthe-1-reason-to-list-your-house-today\u002F\">buyer demand\u003C\u002Fa> looks like it will remain strong throughout the winter, supply is not keeping up.\r\n\u003Ch4>\u003Cstrong>Here are the thoughts of a few industry experts on the subject:\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ch4>\u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fexisting-home-sales-soar-56-percent-in-november-to-strongest-pace-in-over-a-decade\">\u003Cstrong>\u003Cem>National Association of Realtors\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“Total housing inventory at the end of November dropped 7.2 percent to 1.67 million existing homes available for sale, and is now 9.7 percent lower than a year ago (1.85 million) and has fallen year-over-year for 30 consecutive months. \u003Cstrong>Unsold inventory is at a 3.4-month supply at the current sales pace\u003C\u002Fstrong>, which is down from 4.0 months a year ago.” \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fnews\u002Freal-estate-news\u002Fnewly-constructed-homes-november-2017\u002F\">\u003Cstrong>Joseph Kirchner,\u003Cem> Senior Economist \u003C\u002Fem>for\u003Cem> Realtor.com\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“The increases in single-family permits and starts show that builders are planning and starting new construction projects, that’s a good thing because it will help to relieve \u003Cstrong>the shortage of homes on the market\u003C\u002Fstrong>.” \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Ca href=\"http:\u002F\u002Fwww.wbir.com\u002Farticle\u002Fnews\u002Fnation-now\u002Fhousing-shortage-6-reasons-there-arent-enough-homes-for-sale\u002F465-fc15526e-39ec-4544-b5a0-1f58942852c5\">\u003Cstrong>Sam Khater, \u003Cem>Deputy Chief Economist \u003C\u002Fem>at\u003Cem> CoreLogic\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>Inventory is tighter than it appears\u003C\u002Fstrong>. It’s much lower for entry-level buyers.” \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line \u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price."," \r\nIf you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price.",false,[16,20,24],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},6,"For Sellers","sellers",{"id":25,"name":26,"slug":27},38,"Move-Up","move-up","2018-01-09T10:00:50Z","2018-02-14T16:10:45Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},994,"712000-homes-in-the-us-regained-equity-in-the-past-12-months","712,000 Homes in the US Regained Equity in the Past 12 Months!","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2017\u002F12\u002F20163424\u002F20180108-Share-STM.jpg","2018-01-08T10:00:19Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},996,"fico-scores-on-approved-home-loans-drop-again","FICO® Scores on Approved Home Loans Drop Again","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F01\u002F09115421\u002F20180110-Share-STM.jpg","2018-01-10T10:00:16Z",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":47,"open":48,"shareSpread":49},"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",[51,55,56,57,61,65,69,73,77,81,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154,158],{"id":52,"name":53,"slug":54},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":21,"name":22,"slug":23},{"id":58,"name":59,"slug":60},7,"Foreclosures","foreclosures",{"id":62,"name":63,"slug":64},8,"Infographics","infographics",{"id":66,"name":67,"slug":68},9,"Home Prices","home-prices",{"id":70,"name":71,"slug":72},11,"First-Time Buyers","first-time-buyers",{"id":74,"name":75,"slug":76},34,"Senior Market","senior-market",{"id":78,"name":79,"slug":80},35,"Mortgage Rates","mortgage-rates",{"id":25,"name":26,"slug":27},{"id":83,"name":84,"slug":85},41,"For Sale by Owner","for-sale-by-owner",{"id":87,"name":88,"slug":89},42,"Featured","featured",{"id":91,"name":92,"slug":93},45,"New Construction","new-construction",{"id":95,"name":96,"slug":97},52,"Luxury \u002F Vacation","luxury--vacation",{"id":99,"name":100,"slug":101},53,"Rent vs. Buy","rent-vs-buy",{"id":103,"name":104,"slug":105},80,"Time-sensitive","time-sensitive",{"id":107,"name":108,"slug":109},81,"Outdated","outdated",{"id":111,"name":112,"slug":113},147,"Internal","internal",{"id":115,"name":116,"slug":117},148,"Do Not Autopost","do-not-autopost",{"id":119,"name":120,"slug":121},320,"Inventory","inventory",{"id":123,"name":124,"slug":125},321,"Agent Value","agent-value",{"id":127,"name":128,"slug":129},322,"Affordability","affordability",{"id":131,"name":132,"slug":133},323,"Buying Tips","buying-tips",{"id":135,"name":136,"slug":137},324,"Downsize","downsize",{"id":139,"name":140,"slug":141},325,"Economy","economy",{"id":143,"name":144,"slug":145},326,"Equity","equity",{"id":147,"name":148,"slug":149},327,"Forecasts","forecasts",{"id":151,"name":152,"slug":153},328,"Selling Tips","selling-tips",{"id":155,"name":156,"slug":157},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":159,"name":160,"slug":161},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]