Despite extra resale and new houses getting into the market, for-sale stock remains nicely below pre-Covid averages, based on a Freddie Mac report. Thanks to multiple headwinds, a extreme inventory deficit will likely remain for some time. Joel Hess, co-owner and managing broker of Realty ONE Group Professionals in Boise, notes that house buyers, particularly first-time buyers, may be shut out from segments of stock they could have beforehand afforded.The encroachers had constructed business shops, garages and other companies, and collected rent. BDA officials found the encroachment, resulting in a legal battle that went in the authority’s favour. The… Read More
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