4 ms·
Inventory is so low, it's extremely difficult to buy even if you wanted to
by mvkel 5y ago
Inventory is so low, it's extremely difficult to buy even if you wanted to
- dominotw 5y agoinventory is building back up at a rapid pace. I see lots of construction everywhere.
- jiveturkey42 5y agoI imagine there is a huge backlog after the lumber price spike in 2020 has trickled back down
- mvkel 5y agoIt depends on the area, of course, but most of the construction you're seeing is likely already purchased; developments sell well before the shovel hits the ground these days.
- adflux 5y agoRoughly, for every extra percentage of interest, your maximum mortage becomes 15% lower.