[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1tr8a8dv97j8b":3,"$f2emv3tus0uf1":38,"$fbwk2pqjjqsc7":42},{"item":4,"previous":26,"next":32},{"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":24,"updatedAt":25},1109,"how-a-lack-of-inventory-impacts-the-housing-market","How A Lack of Inventory Impacts 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. The market will continue to strengthen in 2018.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F04134514\u002F20180618-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. 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. \u003Cu>\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2018\u002F03\u002F27\u002Fbuyer-demand-still-outpacing-the-supply-of-homes-for-sale\u002F\">Buyer demand\u003C\u002Fa>\u003C\u002Fu> naturally increases during the summer months, but 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>\u003Cstrong>\u003Cu>\u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fmetro-home-price-growth-quickens-to-57-percent-in-the-first-quarter\">Lawrence Yun, \u003Cem>Chief Economist\u003C\u002Fem> at \u003Cem>National Association of Realtors\u003C\u002Fem>\u003C\u002Fa>\u003C\u002Fu>\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“The worsening inventory crunch through the first three months of the year inflicted even more upward pressure on home prices in a majority of markets. Following the same trend over the last couple of years, a strengthening job market and income gains are not being met by meaningful sales gains because of unrelenting supply and affordability headwinds.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>\u003Cu>\u003Ca href=\"http:\u002F\u002Ffreddiemac.mwnewsroom.com\u002Fpress-releases\u002Fmortgage-rates-level-out-otc-fmcc-gnw_2279945_001\">Sam Khater, \u003Cem>Chief Economist\u003C\u002Fem> for \u003Cem>Freddie Mac\u003C\u002Fem>\u003C\u002Fa>\u003C\u002Fu>\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“As we head into late spring, the demand for purchase credit remains rock solid, which should set us up for another robust summer home sales season. While this year’s high rates – up 50 basic points from a year ago – have put pressure on the budgets of some home shoppers, weak inventory levels are what’s keeping the housing market from a stronger sales pace.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>\u003Cu>\u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002Fmonthly-housing-trends-report-april-2018\u002F\">Javier Vivas, Director of \u003Cem>Economic Research\u003C\u002Fem> for \u003Cem>Realtor.com\u003C\u002Fem>\u003C\u002Fa>\u003C\u002Fu>\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Cblockquote>\u003Cem>“The dynamics of increased competition and buyer frustration are unlikely to change…In fact, the direction of the trend is pointing to a growing mismatch between the pool of prospective buyers and existing inventory.”\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],{"id":17,"name":18,"slug":19},6,"For Sellers","sellers",{"id":21,"name":22,"slug":23},38,"Move-Up","move-up","2018-06-18T10:00:04Z","2018-06-11T15:45:33Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":14},1108,"top-4-home-renovations-for-max-roi-infographic","Top 4 Home Renovations for Max ROI [INFOGRAPHIC] ","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F04152652\u002F20180615-Share-STM.jpg","2018-06-15T10:00:39Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":14},1110,"top-5-reasons-you-shouldnt-fsbo-2","Top 5 Reasons You Shouldn’t FSBO","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F06\u002F04150559\u002F20180619-Share-STM.jpg","2018-06-19T10:00:55Z",{"cover":39,"open":40,"shareSpread":41},"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",[43,47,51,52,56,60,64,68,72,76,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153],{"id":44,"name":45,"slug":46},1,"Uncategorized","uncategorized",{"id":48,"name":49,"slug":50},5,"For Buyers","buyers",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},7,"Foreclosures","foreclosures",{"id":57,"name":58,"slug":59},8,"Infographics","infographics",{"id":61,"name":62,"slug":63},9,"Home Prices","home-prices",{"id":65,"name":66,"slug":67},11,"First-Time Buyers","first-time-buyers",{"id":69,"name":70,"slug":71},34,"Senior Market","senior-market",{"id":73,"name":74,"slug":75},35,"Mortgage Rates","mortgage-rates",{"id":21,"name":22,"slug":23},{"id":78,"name":79,"slug":80},41,"For Sale by Owner","for-sale-by-owner",{"id":82,"name":83,"slug":84},42,"Featured","featured",{"id":86,"name":87,"slug":88},45,"New Construction","new-construction",{"id":90,"name":91,"slug":92},52,"Luxury \u002F Vacation","luxury--vacation",{"id":94,"name":95,"slug":96},53,"Rent vs. Buy","rent-vs-buy",{"id":98,"name":99,"slug":100},80,"Time-sensitive","time-sensitive",{"id":102,"name":103,"slug":104},81,"Outdated","outdated",{"id":106,"name":107,"slug":108},147,"Internal","internal",{"id":110,"name":111,"slug":112},148,"Do Not Autopost","do-not-autopost",{"id":114,"name":115,"slug":116},320,"Inventory","inventory",{"id":118,"name":119,"slug":120},321,"Agent Value","agent-value",{"id":122,"name":123,"slug":124},322,"Affordability","affordability",{"id":126,"name":127,"slug":128},323,"Buying Tips","buying-tips",{"id":130,"name":131,"slug":132},324,"Downsize","downsize",{"id":134,"name":135,"slug":136},325,"Economy","economy",{"id":138,"name":139,"slug":140},326,"Equity","equity",{"id":142,"name":143,"slug":144},327,"Forecasts","forecasts",{"id":146,"name":147,"slug":148},328,"Selling Tips","selling-tips",{"id":150,"name":151,"slug":152},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":154,"name":155,"slug":156},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]