Tagged : Real Estate Q&A: Buying in a Market With Little Inventory

Found 1 blog entry tagged as "Real Estate Q&A: Buying in a Market With Little Inventory".

houseinfingers_lehui_450zillow.com - Buying in a market with little inventory

Q. We are a young couple in Pennsylvania, and we want to buy a house. However, there are no reasonably priced houses in our area due to lack of inventory. When one comes on the market, it’s gone in a few days at a high price. We’re pretty frustrated and probably just going to stop looking for a while. When do you think it will be a better time to buy? Tess L., PA

A. I don’t know any better than anyone else how the market will play out or when it will be a better time for you to buy. Usually when prices rise (as they are today in many areas due to a shortage of homes for sale) many folks jump at the chance to list their homes in an attempt to capture those higher prices. But lately, the higher

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