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SOTM 69: Homebuyers at Breaking Point as Competition Hits All-Time High

SOTM 69: Homebuyers at Breaking Point as Competition Hits All-Time High

Published 5 years, 7 months ago
Description

With low housing inventory driving competition to an all-time high, homebuyers have finally hit their breaking point. In North Texas, hopeful homebuyers armed with umbrellas fought over who was first in line for a showing. On today’s podcast, we cover this outlandish story and provide examples that illustrate just how hard it is to buy a home right now. Plus, we discuss a recent report of commissions dipping to a new low, the fact that there are now more real estate agents than homes for sale, and more.

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