A Lansdale couple seeking a larger home is concerned about the timing of listing their present dwelling, given ongoing housing supply volatility. Michaelle Bond unlocked the details of the pair’s residential real estate conundrum in The Philadelphia Inquirer.

When the Lansdale husband and wife bought their home in 2017, they were childless, mortgage rates were stable, and the residential real market was steady.

Since then, the pandemic has upended the status quo, inflation is now a factor, recession is a steady concern, and the twosome is now expanding with children.

The clan knows it needs larger digs but is reluctant to list its present property without a solid connection to a new address.

Local real estate broker Richard Strahm says this familial conundrum isn’t rare.

“There’s a lot of fear about entering the market right now on the buyer side and the seller side,” he said. “In part, it’s that fear that is causing our market to be unstable.”

Currently, regionwide, sales are slow, prices remain high, and competition is still fierce.

The following Montgomery County data points from Bright MLS, a Baltimore multiple listing service, illustrate the reality:

The most evident trend across the Phila. area seems to be overarching reluctance on both the selling and buying sides of residential real estate transactions as households wait to see where the economy is heading.

More on the current Montgomery County housing supply situation is at The Philadelphia Inquirer.