Great location thats convenient to everything. Paul Costello. As the Hospitality State, well always be friendly towards visitors, but that doesnt mean we want them to start calling Mississippi home. Nobody knows and loves Laurel, Mississippi, quite like Erin and Ben Napier. What is the racial makeup of Mississippi? Wonder where the locals eat, things to do at night, or where to find the best shops and boutiques? Cspire fiber optic internet & TV available. Large master suite and plenty of gathering space. Edwards has lived in Laurel her entire life, and confirms that it is as special a place to call home as shown on Home Town., The community and the people link arms with you and do life along beside you, she said. This browser is no longer supported. No interior photos, no lease in place. NICE LOT BEHIND THE WORKSHOP WHERE YOU COULD PLANT A GARDEN OR EVEN BUILD SOMETHING NEW. This lot (4.86 acres +/-) comes with the access rd (0.68 acres +/-) for a total of 5.54 acres +/-. Please try again later. Five years after its renovation from the Napiers, the home offers prospective homebuyers a great deal. She recalls seeing young families begin restoring and overhauling homes. If you're looking to sell your home in the Laurel area, our listing agents can help you get the best price. How Safe Is Mississippi State University? There is a tenant renting space for an RV at $200/mo This is a very well maintained property with room for expansion & much more income potential. In 2021 after nearly a year of the COVID-19 pandemic many Americans have transformed their understanding and desire for home themselves. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. A lot of outsiders are unaware of this fact, which is quite alright because the last thing we need is a ton of people swarming to our state. YOU'LL LOVE THE PEACEFU LCOUNTRY ATMOSPHERE. Located on 6th Avenue, you'll be right in the middle of the historic district and close to downtown! And if a couple renovating homes while simultaneously boosting the profile of a small town has a familiar ring, its no accident. 3br 1.5 ba brick home with office convenient to downtown Laurel. Level lot off of Shady School Rd between Shady Oak Rd and Gavin Seals Rd fork. There are currently 29 cheap homes for sale in Laurel at a median listing price of $292K. Additionally, real estate agents have seen upticks in urbanites from major metropolitan areas primarily New York City, Los Angeles, Chicago and the San Francisco Bay Area moving to less densely populated areas, making smaller towns like Laurel all the more attractive. A MUST SEE HOME! According to Erin's Instagram story, the Hurts are being transferred back to Virginia for work. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. On top of that, she said, current homeowners are staying put longer, which means there is less turnover of existing homes. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. They were beautiful homes, but they were just deteriorating.. According to the website Road Snacks, the 10 most dangerous places to live in Mississippi are: McComb (most dangerous on the list), Greenwood, Vicksburg, Jackson, Biloxi, Pascagoula, Laurel, Gulfport, Holly Springs, and Meridian (least dangerous on the list). Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%). Ive been in this business for over 30 years, and Ive never seen anything like it before, says Andi DeFelice, a buyers broker at Exclusive Buyers Realty in Savannah, Ga. Demand is so high, DeFelice says that shes seen competition with as many as 17 other buyers for a single home of a client. Prequalification and preapproval are only strategies for those who are ready to make an offer imminently, but buying a home usually takes long-term planning. Seller will pay up to 3% in buyer closing costs. What Was The Original Name For Mississippi State University. Mississippis three biggest real estate markets Jackson, Gulfport and Hattiesburg have a combined average home price of $191,633. Bankrate.com is an independent, advertising-supported publisher and comparison service. The interior has an open plan and tall ceilings throughout. Case # 281-423799. The lack of starter homes is especially important because the millennial generation is now at what economists call peak home-buying age. The couple have rehabbed approximately 50 older homes in their hometown of Laurel, MS. Buzz on the husband and wife team is sizzling. Forest Glenn will be gated. The inventory of homes for sale in January 2021 fell nearly 26 percent compared with January 2020, the National Association of Realtors reports. The ants here in Mississippi definitely mean business. Upon entering, interested parties will find updated hardwood floors spanning throughout the 2,436 square feet and thats just accounting for the home size! You have plenty of space with a large living room, dining area, and nice size fenced in back yard with storage shed. 7. How much is a gallon of milk in Mississippi? Our selection of cheap hotels makes Laurel popular among budget-conscious visitors looking for a vacation to remember. A new wave of Southern entrepreneurs has reversed the tide over the past decade or so. Shes also noticed an increased interest in home purchases near the historic downtown, where most of the home renovations filmed on Home Town take place. Home buyers are also enamored with the math. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. highly qualified professionals and edited by Real Homes is part of Future plc, an international media group and leading digital publisher. Split plan with master suite on one side of home and other 3 bedrooms on other side. The reasons for this arent entirely clear, but homeowners wanting to hold onto super-cheap mortgage rates and a reluctance to let buyers view the house during the pandemic are issues. Get price drops notifications & new listings right in your inbox! REO Occupied - the seller does not represent or guarantee occupancy status. Get access to our lists of government . UNSPOILED NATURAL BEAUTY SURROUNDS THIS BEAUTIFUL PROPERTY. . Completely renovated 3br 1ba home in North Laurel. Perfect family home. Before the shows success, we havent had a traditional attraction for tourism. When youre ready to buy your home, have realistic expectations, Cororaton said. Mississippi played a huge role in the Civil War. Welcome home to this quaint 3/1 in Shady that sits on a 1-acre lot in the highly desirable West Jones school district. Laurel, MS 39440. 3BR, 2 BATH HOME SITTING BACK OFF THE ROAD ON OLD BAY SPRINGS ROAD. At Bankrate we strive to help you make smarter financial decisions. Mississippi is the cheapest state to live in in the United States. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Too many interested buyers and too few available properties are pushing home prices higher. This beautiful historic home was built in 1870 and has been very well taken care of. BUILT WITH 1960'S QUALITY, IT'S AN OLD-FASHIONED JEWEL JUST WAITING TO BE POLISHED. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Seller will pay up to 3% in buyer closing costs. While the town itself has a smaller population than some neighborhoods in larger cities, it also offers new residents and visitors thought-provoking art exhibitions at the Lauren Rogers Museum of Art, a yearly springtime Day in the Park festival and 5K Run, and exciting finds at Southern Antiques. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Laurel became a thriving cultural and industrial hub and boasts the states oldest art museum, the Lauren Rogers Museum of Art. The typical tenure is about 10 years. This newly remodeled 1945s house is centrally located and close to all the conveniences of town, incl, 1642 Old Bay Springs Rd., Laurel, MS 39440, LOCATION, LOCATION, LOCATION! Apartment rent in Laurel has increased by 6.2% in the past year. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. 46 Acres of Rolling Pastureland. 6 acres on West Jones School district. Forbes ranks Jackson among the best places in the nation for cost of doing business, job growth, and education. Gulfport The impressive home value appreciation rates make it an ideal housing market for any Mississippi real estate investor. Lumber prices increased more than 150%, for example. This would make a great spot for a business, workshop, or whatever you see fit. And check out those super awesome retro, Investor Special! The state with the lowest annual living wage is Mississippi, with $58,321. Editorial Note: We earn a commission from partner links on Forbes Advisor. Check with the applicable school district prior to making a decision based on these boundaries. Just shy of 3,000 sq. The details Address: 3812 Baldwin Dr., Laurel, MS Price: $187,000 Home Size: 2,436 square feet Lot Size: 150X140 Bedrooms: 3 Bathrooms: 2 (Image credit: Red Fox Realty) "My favorite features about this house are all of the living spaces," Edwards shared. Our real estate reporters and editors focus on educating consumers about this life-changing transaction and how to navigate the complex and ever-changing housing market. Zip Codes: 39440. The duo have become the biggest and most well-known boosters for the city of Laurel. New flooring. of HUD. This housing shortage is the result of a few key factors according to Cororaton. Still could be used as a church but is zoned R-2 and could be used as single family residence or apartm, Move-in ready 4BR 2BA home just north of downtown Laurel! Where in Mississippi should you not live? A Red Ventures company. Cheap Homes for Sale in Laurel, MS 34 Homes under $150,000 Available Tile Sort by 20 13 Iris Lane, Laurel, MS 39443 2 Beds 1 Bath 728 Sqft Residential $120,000 USD View Details 36 4316 Hwy 15 N, Laurel, MS 39440 3 Beds 2 Baths 1,582 Sqft Residential $138,000 USD View Details 26 3012 N 7th Ave, Laurel, MS 39440 3 Beds 2 Baths 1,428 Sqft Residential As the Freddie economists note, there are 72 million people in this generation, the largest since the Baby Boomers. Now in its fourth season, the program focuses on the renovation work of Ben and Erin Napier. Log in. Sorry, your blog cannot share posts by email. Past performance is not indicative of future results. Mississippi Demographics White: 58.41% Black or African American: 37.72% Two or more races: 1.35% Other race: 1.03%. Additionally, the state has a poverty rate of 19.6%, the highest of any state. Get more stories delivered right to your email. Investors usually pay with cash, not a mortgage, making their bids far more certain and attractive to sellers. This beautiful home features 3 bedrooms, 2 baths, large inviting living room, sun porch over looking the back yard, gas fireplace, a storage room off of the utility room and carport, 2 storage buildings, patio, deck with a nice above ground pool, fenced in back yard and a new roof in 2022. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. COME TAKE A LOOK! Our top-rated real estate agents in Laurel are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Laurel. 'IN', 'Insured'. All Rights Reserved. North Sydney Property owned by US Dept. Mobile homes are not allowed. Is Gulfport MS a good place to invest in real estate? Please DO NOT DISTURB the occupant. Two home on 1.25 acres of land. Plenty of room to spread out with nice size living room and den, spacious home for entertaining. Mississippi paved the way for the rest of the nation with major medical advancements, such as the first human lung transplant, the first heart transplant, and first kidney autotransplant. What are index funds and how do they work? Shes also had the honor of interviewing actress Sela Ward for The Mississippi Arts and Entertainment Experience. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. The residents of Laurel pulled together to transform the small town they called home. No matter how seriously you want to buy a housefrom just browsing online to hitting open houses every weekendits pretty evident that home prices have skyrocketed lately. This split-level three-bedroom, two-bath home was listed by Red Fox Realty listing agent Courtney Edwards in October 2020, and has so many charming aspects that will make it a perfect place for a new family to rest their heads. As a result, homebuyers are unlikely to get relief from rising prices anytime soon. Our goal is to make your manufactured, mobile, or modular home buying experience easy, stress-free, and enjoyable (the way it should be.) walking distance to the grocery store, medical clinic, pharmacy, and bank. Must see to appreciate. Rachel, located in Washington, DC, has more than a decade of experience covering financial news at outlets including American Banker, The Wall Street Journal and Bankrate. Located in West Jones School District. READ REDFIN'S FAIR HOUSING POLICY. With a population of just 18,338 residents, Laurel is the principal city of a micropolitan area, with approximately 83,000 residents between the Jasper and Jones counties. You have money questions. Get Forbes Advisors ratings of the best mortgage lenders, advice on where to find the lowest mortgage or refinance rates, and other tips for buying and selling real estate. Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. You'll receive your first newsletter soon! Bankrate follows a strict Built in 1910, its listed on the Mississippi Historical Registry and was owned by William Carroll Gartin, Laurels mayor in the 1960s and a three-term lieutenant governor of Mississippi. Lot Size: 150X140 Thats 80,000 homes during the three-month period, added to more than 200,000 homes many researchers believe were bought by private-equity real estate companies during the post-financial crisis period. Well, it's a sign of the times. Information is deemed to be reliable but not guaranteed. Saving for a down payment can take years, and even once youve saved up, you need to stick to properties you can afford. (601) 428-8218 5185 US-84, Laurel, MS 39443 How many times have you been stuck behind a tractor? Our goal is to give you the best advice to help you make smart personal finance decisions. Seller makes no representations or warranties as to property condition. The signs of revitalization are also visible in the housing market. 2 Baths. Most first-time homebuyers typically go after existing homes that they can afford, rather than newly built homes that tend to be more costly. ''As is'' cash only sale with no contingencies or inspections. You must be a HUD registered broker to place a bid on this property. The house is currently listed for $187,000. This house is ready for you to call it home. Here's your opportunity for a home site with plenty of space for ATV's, hunting, farming or gardening!! We see homes in Laurel make appearances in our weekly look at the nations most popular homes. Do not sell or share my personal information. 'Home Town' Stars Erin and Ben Napier Reveal What To Do. We'd love to hear from you, please enter your comments. In the past month, 1 home has been sold in Laurel. Fenced & cross fenced, barn, pond, 1200 sq. Is it cheaper to live in Florida or Mississippi? Check out the breath-taking decor kitchen with new quartz . Adorable Laurel home ready for new owners, and if you have seen HGTV and the popular show Home Town, Laurel is the place to be. 1642 Old Bay Springs Rd, Laurel, MS 39440, 3368 Ellisville Blvd, Ellisville, MS 39437, Buy the right home at the right price near. NO VIEWINGS of this property. According to Cole, rent prices in Mississippi are 37 percent lower than the other 49 states. This brick home is on 2 acres and has an inground pool. Ive caught this bug. Land availability, low rent prices and access to the Gulf and highways for shipping make Mississippi the least expensive place to live in the U.S., Cole said. By Antonia Leonard May 31, 2022 Land availability, low rent prices and access to the Gulf and highways for shipping make Mississippi the least expensive place to live in the U.S., Cole said. Very large covered back porch. 3 bedroom, 3-bathroom home on a quiet street. Two for the price of one! 1,528 Sq. Housing costs in Mississippi are the lowest in the nation. According to Cole, rent prices in Mississippi are 37 percent lower than the other 49 states. In a state known for its friendly residents, you can expect to engage in some small talk just about anywhere you goand its great. this post may contain references to products from our partners. Gulfport houses stay in the market around 102 days. Equal Housing Opportunity. The amazing-ness of Mississippi is definitely not lost on us locals. 5d+ ago. Florida Agricultural And Mechanical University, Indiana University Purdue University Indianapolis, Massachusetts Institute Of Technology (Mit), Missouri University Of Science And Technology, State University Of New York Health Science Center At Brooklyn, Suny College Of Environmental Science And Forestry, The University Of North Carolina At Charlotte, The University Of Texas Health Science Center At Houston, The University Of Texas Health Science Center At San Antonio, The University Of Texas M. D. Anderson Cancer Center, The University Of Texas Medical Branch At Galveston, The University Of Texas Rio Grande Valley, Uniformed Services University Of The Health Sciences, University At Buffalo Suny School Of Engineering And Applied Sciences, University Of California, Los Angeles (Ucla), University Of Illinois At Urbana Champaign, University Of Maryland Baltimore County (Umbc), University Of Massachusetts Medical School Worcester, University Of Tennessee Health Science Center, University Of Texas Southwestern Medical Center. A lot of outsiders are unaware of this fact, which is quite alright because the last thing we need is a ton of people swarming to our state. Where In Mississippi Should You Not Live? Strong demand, fewer people listing their homes, unfavorable zoning regulations in many cities and a lack of skilled laborers have all combined to squeeze the real estate market. When I first moved here 15 years ago, I was aghast that they were selling these historical homes for just nothing, real estate agent Nedra Carter says. Property owned by US Dept. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. Antonia Leonard is an education expert who has dedicated her life to helping students achieve their academic goals. 515 W 14th St, Laurel, MS 39440. She and her husband, Jay Stein, appeared on Season 4 of the show. 4.26 ACRES OVERLOOKING LAKE BOGUE HOMA. Used under license. After graduating from the University of Southern Mississippi, Daniella began to hone her writing skills through various internships, working for The Royal Obsession and Anatomie clothing. Meanwhile, there's just a 1.9-month supply of . Todays real estate market is stacked against buyers to a certain extent. Don't miss out on this one, call today to schedule your private tour. Prices reflect the resurgent demand. Almost everything is new, wiring, HVAC, paint some flooring and more. Receive up to $500 dollar cash when you refer a buyer to Regional Homes of Laurel. Property is VACANT show anytime. Rent Trends As of February 2023, the average apartment rent in Laurel, MS is $391 for a studio, $724 for one bedroom, $856 for two bedrooms, and $946 for three bedrooms. 1 1.Cheap Homes For Sale in Laurel, MS - 29 Listings - PropertyShark; 2 2.The Untold Truth Of Home Town - The List; 3 3.This HGTV 'Home Town' house is on the market for under $200k; 4 4.Cheap Houses for Sale in Laurel, MS - Point2 Homes; 5 5.The Incredible Comeback Of Laurel, Mississippi - Southern Living; 6 6.In Love With Laurel? Bedrooms: 3 Right now, about 150 homes are on the market in Laurelbut bargain hunters should be aware that Home Town has already had an effect on the housing stock. It has wide living area which has a good view of the area because of the huge glass doors and windows, Brick home on a slab located in NE Jones County. Content Summary. Its amazing more of us dont suffer a heat stroke. The inventory of homes for sale in January 2021 fell nearly 26 percent compared with January 2020, the National Association of Realtors reports. Nice 3br 2ba 1248 sq ft home in the city of Laurel. 2 years today since our pilot episode aired. Want to get the financing process started? That makes long-term planning even more crucial for aspirational homebuyers. Okay, you have to admit, hes kind of cute. There are currently 29 cheap homes for sale in Laurel at a median listing price of $292K. They noted. so you can trust that were putting your interests first. Watch: Nothing Gets Between the Property BrothersTheyre Now Neighbors! The Gaineses HGTV show became so wildly successful, theyre now ready to launch their own television network. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Copyright: 2023 Redfin. Just tell em the Napiers sent you. Master bath has separate shower and soaking tub and a VERY LARGE master closet. How To Find The Cheapest Travel Insurance, Freddie Mac estimated that the U.S. is short 3.8 million homes, occupancy rates in senior-living facilities, bought by private-equity real estate companies. Take our 3 minute quiz and match with an advisor today. Great Price on this 31.26 acres of unrestricted land in the Myrick Community. The renovated Hurt house is open and inviting with the old awning removed, new landscaping and and open front porch on Home Town The home was designed for the Hurt family, newlyweds who moved to Laurel from Virginia. Between the perfectly fried seafood and the variety of local specialties and creations, such as the slug burger, dieting is basically impossible here. $178,900. Erin and Ben Napier have showcased their love for their small town of Laurel, Mississippi, for HGTVs Home Town since 2016, finding historical homes and redecorating them with modern and affordable updates. MASSIVE INVESTMENT OPPORTUNITY Sale to include 3 dwellings on a total of 3.53 acres MOL Main home 3368 HWY 11: Move in Ready 3 Bedroom / 1 Bath 1720sf Bonus room w/ Laundry & storage New Electrical 2019 Newer HVAC Original Hardwood floors Cottage 3380 HWY 11: Move in Ready 1 bed / 1 bath 700sf Fully fenced yard Large workshop / storage shed w/ power Central HVAC Previously rented at $975/mo Studio apartment 3372 HWY 11: Studio / 1 bath 1200sf Tenant in place at $325/mo There are a total of 4 septic tanks on the property. Your financial situation is unique and the products and services we review may not be right for your circumstances. The long held tradition is definitely a bit on the noisy side. Compared with all other states, Mississippi has the second lowest overall cost of living. Home Mississippi State University Why Are Mississippi Houses So Cheap? He previously worked on the Business desk at The New York Times where he won a Loeb Award for breaking news, and covered aviation for The Points Guy. In 2021, economists at mortgage guarantor Freddie Mac estimated that the U.S. is short 3.8 million homes. . Transportation Car-Dependent 43 out of 100 WalkScore Rating Are 'Fixer Upper' Stars Chip and Joanna Gaines Saving Waco, or Destroying It? The offers that appear on this site are from companies that compensate us. HGTV's 'Home Town' Has . See photos and more. As a result, the cost of a home is darn cheap here. Based in Rural Jones County of Laurel, the home offers a lot of modern amenities. That TV show gets you going.. What Is The Best College For Law Students? Being sold '', This is a 1043 square foot single family home has 2BR/1BA. Where are home prices dropping the fastest? In many ways, theyre catalysts, Rhonda Phillips says about the reality TV couple. We found 87 active listings for single family homes. A few years later, their work began to receive notice. What to do when you lose your 401(k) match, 6 rules for homebuyers in a sellers market, Housing economists reveal bidding tactics and other home-buying hacks, Skyrocketing home prices send some buyers to cheaper locales. The bathrooms have all been updated with new granite countertops and sinks. Heres how it works. New lot; buyer to collect tax estimate. Then she watched Home Town and was smitten. Since theyre not financing, they may be able to bid slightly higher than the asking price without worrying about an appraisal. ever so perfectly; you'll find an entry foyer, new LVP flooring throughout the main living areas and primary bedroom, tiled floors in wet areas such as the . Rent for a two-bedroom apartment costs an average of $777 a month. Buying a home is a major investment, it doesnt happen overnight, Cororaton said. How much do groceries cost in Mississippi? It has wide living area which has a good view of the area because of the huge glass doors and windows. Bankrates editorial team writes on behalf of YOU the reader. Thank you for signing up to Realhomes. What Airport Do You Fly Into For Starkville Ms? Laurel. Mobile home may be bought separately if moved. BEAUTIFUL SETTING. Regional Homes of Laurel is part of the Regional Homes Dealership Group the largest privately owned mobile, manufactured, and modular housing dealership in the Southeast. Nook for coats, boots, backpacks, inside home off garage. Eat in kitchen, l, Serene country setting in West Jones School District! For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. in particular, the under-supply of starter homesthose 1,400 square feet or less. Thank you! From deer to alligators, theres no telling whats waiting outside your front door. . Now people are coming through. Make sure they get prequalified when theyre thinking of buying a home.. Check out the breath-taking decor kitchen with new quartz countertops and backsplash with tiffany blue cabinets & all new stainless-steel appliances. Find your dream home in Laurel using the tools above. "I. Theres just really a sense of taking care of each other.. In the next three to five years were still going to be experiencing tight housing supply, she said. An unprecedented shortage of available homes for sale means many properties often see multiple offers, and low mortgage rates have been pushing prices up. editorial policy, so you can trust that our content is honest and accurate. Have pets? Great! In the past month, 1 home has been sold in Laurel. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. The median home value in Gulfport is $132,700 while the median listing price is $172,000. NSW 2059. Save for a down payment.. BUILT WITH 1960'S QUALITY, IT'S AN OLD-FA, This is a 1043 square foot single family home has 2BR/1BA. Laurel MS Handyman Special Homes for Sale Are Easy to Find. When you purchase through links on our site, we may earn an affiliate commission. OnlyInYourState may earn compensation through affiliate links in this article. BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. Forest Glenn will be gated. Nice back covered patio for grilling or just being outside, New roof. Starring Ben and Erin Napier, the couple restores homes in their town while also highlighting small businesses. Subject to appraisal. Early efforts at urban renewal and a pedestrian mall had failed miserably, according to Tucker. Typically if you reach retirement age, you might go into a retirement home, releasing that supply of housing to the younger buyer, but older people are staying in their homes longer, so thats not increasing the supply of homes out there.. All in all were short now about 3 million homes, Cororaton said. But this compensation does not influence the information we publish, or the reviews that you see on this site. If you had a great experience with us, please share it! If youre looking to buy a home in the months ahead, get ready for stiff competition and relatively high prices in much of the country.