Why There’s No Houses for Sale: Homebuyer Alert
Why Housing Inventory is LOW // What in the world is going on?! Home prices are near record highs yet housing inventory is at record lows! In today’s 2021 housing market update video, I break down why the number of houses for sale in the US real estate market continues to stay at very low levels.
To give you a quick real estate market update, part of the reason why inventory is so low is because homes are selling very quickly and new listings can’t keep up with homebuyer demand. There are also many other factors involved such as a lack of new homes, home owners in forbearance, and much more. So if you’re looking to buy a home, whether you’re a first time homebuyer or not, this video is for you!
To give you an update regarding mortgage interest rates, the average 30yr fixed rate mortgage is around 3.36% (current mortgage rates).
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Comment below: what’s your housing market 2021 forecast and housing market forecast 2021? Do you think a housing crash 2021 will happen and there will be a housing crash due to a housing bubble, a 2021 housing market crash 2021 or do you think the real estate market will continue to surge?
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Jason Walter, CPA (lic 103885)
Sacramento Realtor/Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
jason@meetjasonwalter.com
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Why Aren’t Home Prices Dropping? Housing Market 2020
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Mortgage Loan Forbearance Update (5 MAJOR CONS of Mortgage Loan Forbearance & More):
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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.
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