The US is 3.8 Million Homes Short!
Well, what does this mean, why and what can we do about it? It's no secret that the real estate market is the topic of conversation across the country with homes selling within hours and for sometimes $100,000 over list price, even for a dated, small townhouse in Bozeman, Montana! This isn't the case with every property, but it takes luck or an experienced agent to get your offer accepted as well as some give and more give on the buyer's side. This is what we call a "seller's market"!
The U.S. housing market needs nearly 4 million single-family homes to meet the nation’s demand, according to a new analysis from Freddie Mac. The 3.8 million shortfall marks a 52% increase in the housing shortage since 2018 according…
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