HousingWire has quoted CEO Tom O’Grady in their latest article on the impact low housing inventory is having on home prices.
“While many were predicting that REO and the ‘shadow inventory’ would keep real estate markets depressed, in reality the shortage of housing inventory has lead buyers to bid more competitively against one another leading to significant home price increases and tighter housing conditions.”
Click here to read the full article or click here to read our full Home Value Forecast Update.
