Sentences with phrase «shortage of traditional home»
Bay Area homeowners and homebuyers seem to have adjusted to a real estate market characterized by modest ups and downs from month to month and quarter to quarter in response to economic news and other factors, including the inventory of homes for sale, the presence of large numbers of distressed properties and a shortage of traditional home sellers.
http://rismedia.com/ Not exact matches
In my particular locale, the problem is mainly caused by purchasing typical family homes and then converting them to multi-occupancy short - term lets suitable for students (who typically are willing to pay much higher rents per room than somebody looking for a family home), leaving a massive shortage of traditional housing.