Published in Builder, April 28, 2021.
For anyone who has been in the market to move or buy a new or existing home since the summer of 2020, it’s likely been quite a rude awakening just how few options there are to choose from compared with just a year ago. A surge of new buyers seeking a change in scenery and space after months of being cooped up at home during the COVID-19 pandemic, coupled with fewer homes being listed for sale, has depleted what was already a shortage of housing inventory. It’s a primary reason (along with increasing lumber and material prices) why home prices—and home values—have soared.
SUBSCRIBE FOR MORE INSPIRATION
Get new home design and lifestyle stories delivered straight to your inbox and stay in the loop on all things Empire.