Mar 11, 2016
What has kept homeowners from becoming sellers?
If we were to just take all the numbers at face value, it becomes very hard to understand why we are not seeing more homes put on the market by homeowners. The groups that tend to become home sellers are just not jumping into the market and what all the popular kids are saying about why just does not seem to make sense.
So welcome to the unpopular kids table where we are going to take a closer look at employment, inflation and other factors to see if we can't figure out something that comes a little bit closer to explaining what is going on. It may not be horribly sexy, but at least it is likely to be closer to the truth! As always, this is the kind of information and perspective that any buyer, seller, investor or real estate entrepreneur can use to make more informed decisions that can help turn that real estate deal into a success.
We will also discuss the shrinking of the labor market - something lots of folks just don't want to deal with.
Then there is the decision by a community in the heart of silicon valley to allow an absolutely HUGE level of development. Could this be the first of many such moves in an area where inventory growth is the only solution for ridiculous home prices?
For links to all the articles discussed in todays show, please check out the show notes at http://www.therebelbroker.com