Housing Shortage - the Devil in the Details

Stephanie Johnson at Service First Mortgage provided some awesome graphs this morning that I felt would really help show the disparity between demand vs supply in our market. 

If you're thinking - that looks like a HOT market - well you're totally right!

But here's the good news for buyers. With this demand, is appreciation in 2016 for home buyers!

 

There is also potential growth for the future years for those that hold:

The other good news Stephanie's shared is that it's still better, on the whole, to own verses lease.

 

 

Give Stephanie and I a call today to discuss the market!