Tag Archives: Low Inventory

As home inventory sits near post-recession lows, many hypotheses circulate on why there are so few homes for sale today. What are the leading theories behind this issue?

As millennials secure stable post-recession jobs, they are flocking to the Midwest—particularly Minnesota, Wisconsin, and Indiana—to purchase homes. Low inventory and high demand have created a seller’s market in almost every region across the three states. Sellers have even reported getting multiple offers without having to negotiate.

What factors are causing homebuyers to compromise their financial stability?

Low inventory in the housing market has increased competition among home shoppers. According to the first quarter Zillow Real Estate Market Report, there were fewer homes for sale in June than one year ago and much of the decline came from the lowest-valued homes sought by first-time homebuyers.