The big challenges home buyers face in 2017

RealtorMag

What are the top challenges your home buyers face this year? A recent survey from realtor.com® reveals the following:

Low inventories: There aren’t enough homes for sale and inventory woes are expected to worsen this year. Active inventory in December 2016 on realtor.com® dropped 11 percent compared to a year ago. “As a result, the year has started with the lowest inventory of homes for sale at least since the recession, and possibly in decades,” realtor.com® notes. “Inventory was a challenge all year but a stronger offseason in the fall depleted the available homes for sale even more than is typical.”

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January 21, 2017

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