How Is a ‘Wild West’ Housing Market Creating Moving and Inventory Challenges?

 

The housing market’s recent boom shows no signs of slowing down. While the uptick in prices has been a boon for some, it’s presented tremendous challenges for many looking to navigate it.

Chiefly, higher housing prices and a general “Wild West” atmosphere have led to material shortages and price hikes, as well as significant obstacles for professional realtors looking to help clients buy or sell homes.

Add in supply chain disruptions over the past year and a half, and you’ve got a recipe for a “survival of the fittest” landscape.

To dig deeper into the challenges facing the real estate industry and how professionals can work to adapt, host Daniel Litwin was joined on this episode of Impressions from On The Move by On The Move Marketing Director CJ Stratte and industry veteran Marisa Ann Cortez, who has spent more than a decade in the industry and currently sells homes in the San Antonio, Texas market.

So, in the face of high-priced materials, marketplace chaos and more, what can realtors and their clients do?

“We have to kind of reassure our local buyers that this is it. Take advantage now with the low interest rates, because inventory is coming,” Cortez said. “It’s really hard to tell our clients to wait, because they get impatient. … But we have to just keep reassuring them that the prices are not going to go lower. If they see something they like, they just have to be well-prepared.”

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

DeLorean is Back…Actually They Never Left Us!
August 12, 2022
The forthcoming debut of the latest DeLorean iteration is discussed on the latest episode of “Are We There Yet?”. Host Grant Harrell talked with the automaker’s Chief Marketing Officer, Troy Beetz, Read more
How Teach for America Brings Diversity in Education to Houston Schools
August 12, 2022
Teach for America has been a cornerstone in creating more educators for the nation. The nonprofit founded in 1989 operates in more than two dozen regions across the country and introduces commitment Read more
The Tips Restaurants Need to Avoid Scammers and Extortionists
August 12, 2022
If restaurants didn’t already have enough to deal with during this pandemic, scheming scammers have cooked up an elaborate plot to target them with negative reviews. According to CBS News, there’s Read more