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Why home buyers in Pennsylvania cannot find available real estate

NewsSportsEntertainmentLifestyleOpinionUSA TODAYObituariesE-EditionLegals Real estate market: Why are people battling over homes in Pennsylvania? There aren t enough The asking price is just the starting point as buyers trip over each other to make huge offers. York Daily Record Matt Burns and his wife have put in seven offers on Central Pennsylvania houses since they started looking in September, and well, they re still renting. In the two weeks that Victoria Davis and Rebekkah Funk started looking for houses, they have already made two offers. They have a deadline looming: The landlord has given them until June 30 to move.  The housing shortage of 2021 is breaking the bank for millennials as a low inventory of homes and a high demand is creating bidding wars, especially by people in their age bracket.

Why home buyers in Pennsylvania cannot find available real estate

Why home buyers in Pennsylvania cannot find available real estate
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Why home buyers in Pennsylvania cannot find available real estate

Matt Burns and his wife have put in seven offers on Central Pennsylvania houses since they started looking in September, and well, they re still renting. In the two weeks that Victoria Davis and Rebekkah Funk started looking for houses, they have already made two offers. They have a deadline looming: The landlord has given them until June 30 to move.  The housing shortage of 2021 is breaking the bank for millennials as a low inventory of homes and a high demand is creating bidding wars, especially by people in their age bracket. Christopher Raad, a real estate agent in the Allentown area, said he hasn t seen anything like it since he got his license in 1999. He put up two houses for sale on Tuesday night; by noon Wednesday, he had more than a dozen people ready to see them.

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