Are We Facing a New Housing Emergency?

Are We Facing a New Housing Emergency?

meghanriley General Real Estate Leave a Comment

Right now, the national housing market is facing a large inventory shortage and conditions aren’t improving. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a statement that housing starts i.e. new homes under construction were at an 8 month low in May. To add to this pressure, things aren’t looking up for June, because …