The year 2020 may see the largest housing shortage in history, according to the 2020 National Housing Forecast from Realtor.com. Currently, only 1 in 10 markets is seeing housing inventory growth which, it is estimated, will result in a 1.8% drop in existing homes for sale in 2020.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.