Source: Realtor —
Which of the following is the most challenging, seemingly intractable pain point faced by homebuyers in 2022?
A. Surreal home prices
B. Rising mortgage rates
C. Historically high rents
D. Bone-dry home inventory levels
The answer, of course, is all of the above! But D stands above the rest.
The available homes for sale in most parts of the country are at near-historic lows, greatly exacerbating bidding wars and ensuring a perpetual cycle of rising prices.
