With all the talk and headlines about our “Record low Housing Inventory” another recent headline really caught my eye. “US Existing-Home Sales Reached a 15 Year High in 2021”. I immediately wondered how these two headlines could coexist. If we are in a period of record low inventory, how could we also sell the most homes in 15 years?
A question that also had me asking how a team like mine (Fulcrum Properties Group), could sell over a house a day in 2021 if inventory was indeed so low?
The combination of these two headlines alongside the anecdotal evidence from the team sent me on a deep dive to get to the bottom of this housing paradox. What exactly have we been missing amid this inventory story? I reveal what I uncovered in this video below!