• Buyers Deflated by Inventory Woes: NAR

    2 monthes ago - By RIS Media

    Buyers are holding out hope in peak real estate season, but against the inventory squeeze, their confidence was shaken this spring, according to the National Association of REALTORS® .
    The amount of buyers confident in their housing market prospects stalled at 68 percent, according to NAR's Housing Opportunities and Market Experience second quarter survey-identical to the first quarter's share, also 68 percent. Their ability to break out has been cut down by severe shortages in supply, and compounded by rising prices.
    “Inventory remains the driving force in real estate, affecting...
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