Buyer Information

Lack of Inventory Challenging Many Housing Markets

Lack of Inventory Challenging Many Housing Markets | Keeping Current Matters

Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject:

David Crowe, Chief Economist for the National Association of Home Builders:

“Many sellers may not have an absolute decision as to whether to buy an existing home or a new home. So the low inventory of existing homes is locking them in place.”

Ralph McLaughlin, Chief Economist with Trulia:

“We are in a time of short supply, which is great news for sellers because they will likely be faced with multiple offers due to the little inventory out there…Buyers will be up against a lot of other people and against a short supply of existing homes.”

Lawrence Yun, Chief Economist with NAR:

“First-time buyers in high demand areas continue to encounter instances where their offer is trumped by cash buyers and investors. Without a much-needed boost in new and existing-homes for sale in their price range, their path to homeownership will remain an uphill climb.”

Fitch Ratings:

“One important issue that has restrained sales and starts is inventory. On an absolute basis, inventory has not expanded as much as in past recoveries, leading to less selection for buyers. This is especially true for existing home sales but is evident for new home construction as well. When it comes to U.S. housing inventory, more is better.” 

Jonathan Smoke, Chief Economist for

“The increase in sales is resulting in continued tighter-than-tight supply—measured by NAR to be four months in January.  For you non-economists out there, that metric measures the number of months it would take to sell the current inventory of available homes, at the current pace. Got it? Six to seven months’ worth of homes on the market is considered normal; four months is cray-cray.”

Buyer Information

Reduced Price 2404 Old Highway 31 W White House TN

Commercial Property for sale! Reduced to $235,900.  Motivated Seller!  Great opportunity for restaurant.

2404 Old Highway 31 White House, TN
Click to View Tour
Click to View Tour
Click to View Tour
Click to View Tour
Click to View Tour
Click For Listing Website Click For Interactive e-Tour
Great Commercial Location! Convenient to Interstate 65 North, near Goodlettsville, Cottontown, Hendersonville, only 20 minutes to Nashville. Electrical has been upgraded, heavy duty, has up to 4 separate meters. Presently owned and operated as Granny’s Home Cooking. Contact me today! Gayle Halvorson 615-456-4769 Exit Real Estate Solutions 615-826-0001.
MLS# 1611719$235,900

Bed, Bath

2404 Old Highway 31
White House TN, 37188




Buyer Information

203 Hunterwood Dr, White House, TN, Home For Sale


Beautiful, move in ready home located in the Northwoods Subdivision in White House TN. 3 bedrooms, 2 full baths, 2 car garage, 1867 square ft, covered deck, patio, great subdivision! Priced to sell at $175,000.  3rd bedroom is presently being used as a bonus room.  Contact me today for more details.

White House offers walking trails, restaurants, shopping.  With close proximity to Interstate 65 you are less than 30 miles to downtown Nashville and even closer to Franklin, KY.  A great small town where the community really comes together to support each other.

White House Homes For Sale

Virtual Tour



Contact Me Today!

Tina Redding, RealtorEXIT Real Estate Solutions, 103 Hazel Path Ct, Suite 2, Hendersonville TN 37075

Cell (615)268-5985/Office (615)826-0001/Email


Each office owned and independently operated
Serving all of your Real Estate needs in Middle TN