Articles Tagged with ''Inventory''

Affordability divides America's cities

Buyers in large metros see listing prices decline, while smaller markets see prices increase
In November, while home sales in large U.S. metros cooled off, smaller affordable markets continued to heat up, according to the latest realtor.com Housing Report. Realtor.com Chief Economist Danielle Hale said the housing market is a "tale of two cities" as the divergence widens between these markets.
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Report: Home sales, inventory locked in standstill

RE/MAX reports inventory increased year-over-year for the first time in a decade
In October, a decrease in year-over-year home sales contributed to the first year-over-year inventory increase in a decade, according to the RE/MAX National Housing Report. RE/MAX CEO Adam Contos said the market continues to move toward equilibrium.
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NAR: Pending home sales climb in all four major regions

An uptick in existing inventory may be the reason
Pending home sales climbed in all four major regions in June, but still fell short of last year's gains, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun believes the worst of the supply crunch affecting most of the country has possibly passed.
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New home sales unexpectedly plummet in January

Falls from decade-high pace set in 2017
New home sales decreased significantly in January, falling from 2017’s decade-high pace. Experts explain the drop was unexpected and disappointing, but point out there are still a few reasons to be optimistic in January’s report.
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Experts weigh in: Positive jobs report fails to fix what’s wrong with housing

Expect Fed to raise rates in June
Economists agree that the April jobs report proved the economy is moving along at a healthy pace despite the disappointing job numbers in March. But when it comes to the housing market specifically, this positive report does little to help the factors that are really blocking growth in the industry. Here, top housing economists explain what the news means for the bottom line in housing.
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New home sales drop in August

Still up from last year
New home sales dropped in August after July witnessed its most significant increase since the housing crisis. Annually, however, new homes sales in August still increased. Industry experts talk about the report, and why it still shows positive signs for the housing market.
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Home sales decrease for first time in months

Two main factors holding back sales
Home sales are down for the first time since November while home prices continue to rise, albeit at a slower pace. The National Association of Realtors explains two major factors contributing to the sudden drop in home sales, and what it means for the remainder of 2016.
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Here's one unusual tip on how to beat out all-cash buyers

It's a competitive market out there!
When the market gets competitive, all-cash offers typically win out as inventory tightens and bidding wars commence. This leaves borrowers who choose to finance at an extreme disadvantage - until now. One unique tip from an article in The New York Times could be the key difference in locking in a home, but it's not for everyone.
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