First-time buyers hardest hit when it comes to low inventory

First-Time Buyers Hardest It When It Comes To Low Inventory

We often hear about the burden of low inventory, but who does it actually affect and how exactly does it effect them? Those are the answers Trulia Chief Economist Ralph McLaughlin sought to answer in the latest Trulia Inventory and Price Watch report. According to McLaughlin’s findings, the 20 percent dip in for-sale listings over the past five years mainly impacts first-time buyers searching for a starter home and current homeowners looking for …