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The Number of Homes for Sale This Year Has Hit a 38-Year Low

November 23, 2020
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The Number of Homes for Sale This Year Has Hit a 38-Year Low
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Red arrows positioned heading downward, cracking through the floor.

Image source: Getty Images.

While it doesn’t influence our opinions of products, we do receive compensation from partners whose offers appear here. We’re on your side, always. See our full advertiser disclosure here.

If you’re shopping for a house right now to take advantage of record-low mortgage rates, chances are good you’ve noticed that there aren’t a lot of choices. If you’re having trouble finding properties in your area, it’s not because you’re being overly picky — it’s probably because there are simply very few homes for sale right now. 

According to a recent report from the National Association of Realtors (NAR), the inventory of single family homes on the market hit its lowest level since…

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