A critical shortage of listings is the No. 1 obstacle, especially in higher price ranges — not rising mortgage rates or new tax laws that reduce certain homeowner deductions. (nbr.com)
As the spring selling season continues, practitioners throughout the nation are reporting a severe shortage of listings. (realtormag.realtor.org)
«The critical shortage of listings in most markets continues to spark a hike in home prices that is not easy for many buyers — and especially first - time buyers — to overcome,» says Lawrence Yun, chief economist at NAR. (rismedia.com)