The National Association of Realtors (NAR) who polled Accredited Buyers Representative (ABR) members asked, "What is holding buyers back?" The responses were as follows (respondents could answer with multiple reasons):
82% Inventory Issues
57% Unrealistic Expectations
23% Difficulties Obtaining Financing
18% Lack of Knowledge
Clearly the lack of inventory is holding buyers back. Currently there are only 3 homes for sale in Rowley. 3!