Frustrated Homebuyers Are Giving Up Because Of Small Inventory

The amount of residential inventory available in the housing market has continued to fall, causing buyers to become frustrated. The buyer traffic index has ranked below expectations for the last few months, dropping sharply since earlier this year. Concerns over rising rates as well as lack of economic improvement are likely factors in this decline. At best, the amount of inventory is remaining level and is still below what it was this time last year. Read the full article here: