We thought that it was an interesting headline...but NO, baby boomers are not to blame. It is no one's fault. But it is more of the market conditions, but the sentiments are accurate.
Frankly, it would be nice to see a little bit more inventory. There are a ton of buyers in the marketplace and a few more listings would help drive a stronger local economy. See below for the story:
“Buyers are in the market, but frankly we still need more folks to consider selling,” said Brooke Cashion, the association’s president.
“Inventory is becoming more of an issue with only a three-month supply. We would like to see more of a four-to five-month supply.
“However, Winston-Salem is a stable housing market with nice steady growth, and not the spikes we need to try and avoid.”
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