The Two Big Issues the Housing Market’s Facing Right Now

A cup of coffee on top of a wooden table.

Kevin Brierton – 2.21.2023 The biggest challenge the housing market faces is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.†Let’s break down these two big…

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