Why It’s Now An Empty Nesters’ Housing Market

Date: September 20th, 2018

Time: 6:30pm-8:30pm

Location: Philly.com Offices, 801 Market St. Suite 300. Philadelphia, PA 19107

Moderator: Kristie Bergey, Associate, Very Real Estate

The Panel will Include Real Estate Professionals Experts in the Field

Discussion: Why It’s Now An Empty Nesters’ Housing Market

There’s a mismatch in the housing market. Demand is rising, yet homebuilders don’t have the capacity to create the supply the way they did in the boom years. They haven’t banked as much land, they haven’t filed the permits and they’ve become increasingly short of labor.

The panel will discuss why sellers in many markets are now in prime position. According to many top real estate sites and combining that with the prospect of higher-priced mortgages thanks to the Federal Reserve's decision to begin lifting interest rates and it makes buyers a little more motivated.