There are 2 reasons why the supply of homes in the US is running dangerously low [The Business Insider]
First American Corporation (New) (FAF)
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Source: The Business Insider
There are 2 reasons why the supply of homes in the US is running dangerously low Read the original article on First American Financial Corporation . Subscribe to the First American Economic Center for Chief Economist Mark Fleming’s research into and weekly analysis of real estate and mortgage market trends. Copyright 2018. Houses in the suburban village of Muensingen are pictured from the air near Bern, Switzerland, May 17, 2017. Reuters/Denis Balibouse It’s been just over five years since house prices reached their trough and the housing market bottomed out. In the years following that low point, there has been a lot of discussion about how to increase demand and, specifically, why young adults today didn’t want to buy homes. I believed that the lack of desire among millennials was not a generational shift of interest away from homeownership toward perennial renting, but a matter of timing and lifestyle choices. The desire to become a homeowner simply emerge later in life tha
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