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There’s a lack of flow in the single family home market across the Delaware Valley where there’s more buyers than sellers, according to the latest real estate report for Pennsylvania, New Jersey and Delaware.
That dynamic happens when inventory is low — which means there’s fewer homes to purchase.
Lack of affordable new single family home construction paired with the existing homeowners less inclined to move means it’s a tough but not impossible market for buyers, realtors told WHYY News.