Items Tagged with 'Inventory'

ARTICLES

California selling fewer homes so far this year

Annually, home prices still increasing
New data shows that home sales decreased annually in the Golden State, but increased monthly. Prices continue to increase due to lack of affordable inventory. Despite rising home prices, cash sales also increased from last month. PropertyRadar’s director of economic research explains why.
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Appraisal volume dented by low inventory, tight credit

Four-week moving average increases
Appraisal volume continued to inch higher for the week of April 24, but at a slower pace from the previous week, the latest appraisal volume numbers from a la mode reported. As it stands, appraisal volume continues to be impacted by a tight spring housing market.
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March job creation bodes well for housing inventory crisis

Construction adds 37,000 jobs
While overall job creation in March did well, with no significant revisions to the prior months, the biggest story for housing may be the growth in construction. Right now the market is suffering from a lack of inventory, and one huge reason behind that is a lack of workers.
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