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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: Smart_Asset who wrote (1693)6/8/2013 5:47:17 PM
From: tejek  Read Replies (1) of 2722
 
<<The low inventory has been consistent for at least 2 years>>

Here's a graph showing national housing inventory which bottomed January of this year. Real estate is supply and demand driven and the limited/low supply is the current primary driver. That supply/demand ratio is currently reflecting very low inventory relative to all previous years on the graph. Other factors contribute.

Its true that inventory is lower this year than in prior years but its been lower than normal since the Great Recession happened. And the primary reason its lower this year than last year is because there are more buyers in the market place.

Housing inventory for all metro areas tracked, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 1,560,162 in October 2007. The lowest housing inventory level seen was 648,938 in January 2013.

I am unclear what point you are trying to make.
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