In our ongoing look at the Bay Area’s Eichler inventory shortage, we’re focusing on the Peninsula this time, including Palo Alto and San Mateo County. Too many qualified buyers compete for a static supply of new homes, including Eichlers.

Just a few months ago, we saw Bay Area real estate shift to a seller’s market, and already that term seems quaint. For Eichlers and single-family homes in general we’re not just seeing a seller’s market, we’ve got a downright inventory shortage on our hands. To find out why, The Eichler Network called some local realtors and asked what was causing the crunch. The first in our three-part series focuses on the South Bay.