Hi all,I just received a letter from the lender on my primary home stating that I have an escrow shortage and that my new monthly payment is going from $1,138/month to $1,306/month (a 15% increase).

Shortage of prime buildable land3.

I used to work on yachts in the 90s and even back then we were talking about there being a shortage of teak.

If you are escrowing, your mortgage company will take any shortage you run into and divide it across the next 12 payments (raising your combined mortgage payment, but minimizing the need to come up with the whole amount at the property tax due date). 

Zero vacancy as housing shortage is acute and typically let students pick their successors.

In fact city leaders have said there is a shortage of affordable housing in KC.

There is a shortage of housing stock compared to the demand. 

Unfortunately, factors like a hardening property market, inflation, labor shortages, increased building costs, and an increase in claims frequency and severity have caused our carriers to require increases to both rates and coverage amount minimums to keep up with these market conditions.

But there are still markets where theres a legit shortage of housing and demand is stable

----It also shows a shortage of $7600 - this kind of freaked me out because I know my dad pays his mortgages on time, and entire monthly balance due, so I don't know where this high amount of shortage is coming from?