Housing Shortage in Lubbock?

[Cayson Pearl]

Do you feel like there is a housing shortage at all in Lubbock? I am trying to gauge the rental market here. I am new to the area, and I feel like the general consensus is that it's overpriced, but is the supply there? Open to any other opinions about the Lubbock Market.

[Jacopo Iasiello]

Hi Cayson, how you feel there's a shortage? thanks

[Michael Norsworthy]

Hi Cayson,

We have healthy amount of inventory here in Lubbock, I wouldn't say that there's a housing shortgage at all, in fact we have 3 1/2 months worth of inventory on the market at the moment. I'd love to discuss more.

[Stuart Chinworth]

I am not sure there's any tertiary market in TX that is experiencing a shortage of inventory right now. From what I am seeing, there is either a slight oversupply or things are somewhat balanced.