Items Tagged with 'housing inventory'


Here are the top 5 trends in real estate over the past 35 years

A look back at real estate from Realtors
Thirty-five years ago the housing market looked drastically different, with the word "internet" nowhere to be found and people laughing at the thought of getting less than a 4% mortgage rate. In anticipation of the National Association of Realtors' 2016 survey release on Oct. 31, NAR identified five noteworthy real estate trends since the survey’s inception.
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Experts: Housing isn’t running out of steam despite low inventory

And lackluster mortgage application numbers
The latest mortgage application report posted sad and familiar news. Applications are stuck in limbo as inventory stifles any housing demand in the market — Americans don’t see the point in applying for a mortgage until conditions improve. This problem isn't forever though, as at least one top Wall Street bank sees a better future for housing.
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Looking to buy a home? Now is not the time

Housing affordability keeps homeownership out of reach
Fall is bringing with it new highs in home prices, crushing potential buyers' hopes for relief from the affordability crisis. While sellers continue to benefit with the rising prices, buyers are not so lucky. Even with interest rates near all-time lows, would-be buyers may struggle to enter the market.
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Summer housing market not cooling down this fall

BONUS: predicts hottest housing market in 10 years
Normally the hot summer real estate market cools off with the entrance of fall. That may not be the case this year. If you didn't sell your home this summer, it's not too late. In fact, this fall is about to see the hottest seller's market in 10 years.
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Pending home sales sink to lowest level since January

Further evidence housing recovery could stall
Pending home sales decreased in August following the previous month’s record high. It now seems July’s high could be an outcast as this marks the third month of declines in the past four. NAR’s chief economist warns of the consequences if the market doesn’t start to see more inventory soon.
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Zillow ranks fastest appreciating housing markets

Incomes appreciating faster than homes for first time since 2011
Home prices in some metropolitan areas grew at almost triple the rate of the national average. Zillow laid out a list of the top five which, surprisingly, San Francisco was not on. While some areas are heating up, it seems California’s hot markets could be cooling down.
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