Explaining Today’s Low Housing Supply [INFOGRAPHIC]

<article class="post-808738 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-808738"><span class="entry-date">September 29, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">Explaining Today’s Low Housing Supply [INFOGRAPHIC]</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=Explaining+Today%E2%80%99s+Low+Housing+Supply+%5BINFOGRAPHIC%5D&url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fexplaining-todays-low-housing-supply-infographic%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="Explaining Today’s Low Housing Supply [INFOGRAPHIC] Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/Explaining-Todays-Low-Housing-Supply-KCM-Share.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
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<h3>Some Highlights</h3>
<ul>
<li>Wondering why the supply of <a href="https://www.simplifyingthemarket.com/2023/09/14/why-is-housing-inventory-so-low/" rel="noopener noreferrer" target="_blank">homes for sale</a> is limited <a href="https://www.simplifyingthemarket.com/2023/09/07/get-ready-for-smaller-more-affordable-homes/" rel="noopener noreferrer" target="_blank">today</a>? There are a few factors at play.</li>
<li>Lack of <a href="http://www.census.gov/construction/nrc/xls/co_cust.xls" rel="noopener noreferrer" target="_blank">building</a> over time, the <a href="https://www.simplifyingthemarket.com/2023/09/06/mortgage-rates-past-present-and-possible-future/" rel="noopener noreferrer" target="_blank">mortgage rate</a> lock-in <a href="https://www.fhfa.gov/DataTools/Downloads/Pages/National-Mortgage-Database-Aggregate-Data.aspx" rel="noopener noreferrer" target="_blank">effect</a>, and people <a href="https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers" rel="noopener noreferrer" target="_blank">staying</a> in their houses longer are three of the main reasons why supply is low.</li>
<li>But real estate agents know exactly <a href="https://www.simplifyingthemarket.com/2023/09/20/remote-work-is-changing-how-some-buyers-search-for-their-dream-homes/" rel="noopener noreferrer" target="_blank">where to look</a> and what to do to make your dream a reality. Connect with an agent so you have an expert on your side to help you successfully navigate the market and find your next home. </li>
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