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Welcome back dream makers, we’ve been talking about the lack of inventory for a while now, but the biggest reason people are not moving is due to high interest rates. Today’s article from CNBC.com wants us to consider the influx of inventory we are seeing: “It suddenly looks like there are too many houses for sale. Here’s why that’s not quite right.” Yes, there is more inventory, but it’s not necessarily the type of inventory we need (in the $400,000 and below market). Most first-time homebuyers need that lower price to enter the housing market. Bottom line, there is just not the right properties for first time home-buyers.

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