Follow these 4 Tips When Inventory is Low

Gain The Edge When it Comes Time to Find Homes When Inventory is Low
Several years months ago, before the pandemic, industry experts predicted a tight housing market for 2020. Throw in a coronavirus-sized wrench into the mix, and sure enough, the spring and summer seasons saw record-low home listings on the market.

The initial prediction was predicated on a few historically-backed assumptions:

Low mortgage rates will lead to more buyers
Rising rental prices will convert millennials into homebuyers
Homeowners are staying in their homes longer than ever
Less free-up of smaller homes due to acceptance of minimalism
Families are smaller and kids are living with parents into their 20s
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