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NOVEMBER 1, 2021

Buyers Lower Expectations After Third Straight Quarter of Low Housing Inventory. With a scarcity of homes for sale in the third quarter of 2021, fewer buyers are expecting to find a home with current market availability, reports the NAHB’s Eye on Housing. Mon, 11/01/2021 - 10:03.

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JANUARY 12, 2023

First-Time Buyers Burdened by Lack of Entry-Level Inventory. For the past two years, first-time buyers have battled a housing affordability crisis paired with a growing shortage of cost-friendly starter homes. Thu, 01/12/2023 - 11:29. Market Data + Trends. New-Home Sales. New-Home Sales.

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JANUARY 21, 2022

Existing-Home Sales Dropped in December as Inventory Reached Record Low. million as inventory fell to an all-time low of 910,000 units in December. below the December 2020 sales rate. Housing Markets. Fri, 01/21/2022 - 10:28. Total existing home sales fell 4.6% from November and dropped 7.1% Sales in December (6.18

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FEBRUARY 2, 2021

Despite Low Inventory, Buyers are Positive About Housing Availability. Prospective homebuyers were more negative about the housing market conditions, specifically housing availability, in 2019 compared to 2020, according to the National Association of Home Builders’ Housing Trends Report. cbroderick.

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JANUARY 11, 2021

The 2020 Housing Issues Sticking Around This Year. Low inventory, high home prices, working from home, rising home values—all these factors were a part of the flourishing housing market this year, but will they continue on through 2021? cbroderick. Mon, 01/11/2021 - 09:13. And more than half of U.S. Affordability.

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OCTOBER 2, 2020

Housing Inventory Continues to Dwindle As Prices Advance. Fri, 10/02/2020 - 09:47. Homes on the market lag far behind last year's available inventory. cbroderick. In a normal world, buyer demand would have most likely eased up in October, but it does not appear to be headed that way.

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MARCH 25, 2021

As Spring Buying Season Approaches, Inventory Drops. Buyers entering the housing market in the spring buying season will face difficulties as housing inventory dropped nearly 50% compared to 2020. lower than February 2020. A 25% increase in listings is needed to bring inventory back to April 2020’s level.

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JUNE 11, 2020

Homebuyers in Search of Space Will Face Historically Low Inventory . Thu, 06/11/2020 - 10:17. Even before the pandemic, the housing industry struggled with the lack of housing inventory, especially at the affordable end. In 2009, the nation had a 10 month supply of homes--now we have a 3 month supply.

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FEBRUARY 17, 2022

Low Inventory and Price Gains Could Pose Challenges for Spring Shoppers. Home prices are hitting new highs and builders are racing against the clock to add much-needed housing supply, but demand isn’t wavering ahead of another strong season for home buying. decline from January 2020, Zillow reports. Housing Markets.

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APRIL 5, 2021

If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages. Mortgage credit availability has reached near its lowest level since 2014, adding another hurdle for prospective buyers on top of low inventory and rising home prices. The median credit score for borrowers was 786 during the fourth quarter of 2020.

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NOVEMBER 30, 2021

Housing Markets to Watch in 2022. Forbes reveals its list of the hottest housing markets for the new year. to suburban communities, the hottest housing markets of 2022 are defined by the most appealing sales-to-list price ratios, median sale prices, and for-sale inventory over a 5-year period. Housing Markets.

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NOVEMBER 1, 2021

What to Expect in the 2022 Housing Market. The decisive force in the 2022 housing market will likely be inventory after a year of high competition and low supply, according to Bill McBride’s CalculatedRisk Newsletter. The key in 2022 will be inventory. Total housing starts will be around 1.58 Housing Markets.

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NOVEMBER 1, 2021

Housing Market. Though housing demand will likely remain high into 2022, more inventory and low interest rates could create a more balanced market, according to Forbes Business Council. As of December 2020, there was only a 1.9-month So, what has the potential to shift the market and create a more balanced housing supply?

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MARCH 4, 2022

The Median Home Price Is Up to a New Record High as Inventory Drops. Unrelenting price gains are a direct result of low housing supply and heightened competition in nearly every market across the U.S. A lack of housing inventory caused the typical home to sell for 0.8% Housing Markets. Fri, 03/04/2022 - 10:22.

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SEPTEMBER 24, 2021

Next Year’s Housing Market Will Be Boring. While supply-chain problems and some inventory constraints are likely to persist into next year, both buyers and builders seemed to be getting more comfortable with the current environment. Fri, 09/24/2021 - 10:42. Meanwhile, average 30-year fixed mortgage rates have fallen by about 0.7%.

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FEBRUARY 11, 2022

The 2022 Housing Market Is Heating Up—Could It Outpace the Year Before It? Homes are selling faster than ever, and as supply dwindles, buyers are going toe-to-toe in yet another heated housing market . The average January home sold in just 61 days, 10 days less than in 2021 and 29 days faster than pre-pandemic rates from 2017 to 2020.

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MAY 29, 2020

Weekly New Listings, Pending Sales Spike, While Inventory Remains Tight. Fri, 05/29/2020 - 09:54. Weekly pending sales and new listings are on the rise, ending another chaotic month for the housing market on a high note. Partly on the strength of that rebound, Zillow’s forecast now shows an expected 1.8%

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SEPTEMBER 16, 2020

What Can Buyers Expect from the Remainder of 2020? Wed, 09/16/2020 - 09:47. Tri Nguyen, founder and CEO of Network Capital Funding Corporation, forecasts possible changes to lending regulations, more attraction to affordable locales, and a reemergence of housing inventory. A Steady Re-Emergence Of Housing Inventory.

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NOVEMBER 14, 2022

New Listings, House Prices Fall in November as Buyers Back Off. Despite decreased activity from home sellers, total housing inventory is up 8.5% compared to the same week in 2020, and an above-average 6-month supply of homes is currently under construction. Mon, 11/14/2022 - 10:30. New-Home Sales. Market Data + Trends.

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NOVEMBER 15, 2021

National Housing Market Will Remain Hot Into the Winter Season. Some buyers who faced supply-chain issues slowing new home construction in the spring, summer, and fall may also be extending their house hunting to the end of the year. And that overwhelming demand for housing is still going strong today. Mon, 11/15/2021 - 09:37.

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JANUARY 12, 2022

Remote Work and Cryptocurrency Are Driving up Demand for Luxury Houses. Not only did the luxury market report major price increases throughout 2021, but median home prices also rose as a result of low inventory and high demand, particularly in markets with growing populations from remote work migration. Housing Markets.

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AUGUST 11, 2021

3 Early Signs the Housing Market Could Normalize Soon. It’s also the first time home prices did not break a record, and other metrics point toward normalization for the housing market. Inventory also increased slightly in July, up 13% compared to the low in March but still 26% lower than last year. cbroderick.

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OCTOBER 16, 2020

An Influx of Buyers Nearly Dries Out Palm Beach's High-End Inventory. Fri, 10/16/2020 - 09:16. Compared to last year, there are 79% fewer homes for sale, bringing Palm Beach’s housing inventory down to a five or less month supply. Housing Markets. Housing Markets. cbroderick. Read More. .

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MAY 24, 2023

Those who purchased their homes before the mid-pandemic housing boom reaped the benefits of ultra-low mortgage rates and reasonably priced housing. The housing market has changed for good — and with the benefit of time-earned wisdom, we can pinpoint the moment it entered a new era. Call it the Housing Ice Age.

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DECEMBER 17, 2021

Home Price Gains Expected in Unseasonably Warm Winter Housing Market. Zillow’s November 2021 market report shows strong activity in a typically slow season for the housing market. from November 2020 level. Inventory was up year-over-year in Austin (+18.6%) and Washington, D.C. (+2.1%). Fri, 12/17/2021 - 09:56.

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Pro Builder

MARCH 17, 2022

How the Housing Market Fared in February 2022. It’s been two years since the start of the COVID-19 pandemic, and the latest February 2022 market report reveals just how much the housing industry has changed. More homes transacted last month than in either February 2019 or 2020, though sales were 11% lower than in 2021.

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Pro Builder

NOVEMBER 17, 2021

What To Expect From a 2022 Housing Market. Inventory will be low throughout 2022, so sellers will have the upper hand yet again, but as demand drops, more buyers could have a chance to finally snag their homes. Housing Markets. Housing Markets. Wed, 11/17/2021 - 10:13. MBA anticipates a 5.2% year-over-year growth.

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DECEMBER 16, 2020

Housing Markets Expected to Thrive in 2021. Wed, 12/16/2020 - 09:51. While many unexpected housing markets boomed this year due to the pandemic, 2021 may be the year for these 15 cities, says Forbes. Read on to find out the top housing markets to watch in 2021. cbroderick. Boise, Idaho.

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Pro Builder

NOVEMBER 9, 2020

Biden's Promised Changes to the Housing Market. Mon, 11/09/2020 - 09:28. Along the campaign trail, President-elect Joe Biden promised changes to housing plans in order to create more opportunities for low- and middle-income Americans. Campaign promise: Address racial discrimination in housing. Housing Policy + Finance.

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DECEMBER 2, 2020

What to Expect from 2021's Housing Market. Wed, 12/02/2020 - 09:44. After a year of many broken records, there remains much uncertainty about the 2021 housing market. next year as for-sale inventory becomes more robust, which may happen in the second half of 2021. cbroderick. Prices are predicted to advance by 5.7%

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FEBRUARY 19, 2021

Single-Family Built-for-Rent Inventory Jumps 50% From 2019. Built-for-rent homes are a way to add more affordable options to the housing stock, especially now as more Americans desire larger homes and single-family options, says the National Association of Home Builders. cbroderick. Fri, 02/19/2021 - 09:43.

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FEBRUARY 4, 2021

Suburban and Urban Markets Experienced Similar Growth in 2020. Zillow’s 2020 Urban/Suburban Report found rising home prices and increased demand were both prevalent in suburban areas and urban areas, despite talks of a mass urban exodus and suburban shift. during 2020. Housing Markets. cbroderick. Thu, 02/04/2021 - 12:33.

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SEPTEMBER 10, 2020

Redfin August Report: No Slowdown for the Housing Market. Thu, 09/10/2020 - 09:46. For the four week period ending August 30, the housing industry saw more record breaking median home price increases and home inventory shortages. cbroderick. Active listings dropped by 28% from last year, a new all-time low, says Redfin.

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JANUARY 6, 2022

The Evolution of the Housing Market Nearly Two Years Into the Pandemic. After the first wave of COVID-19 struck the United States in early 2020, the number of homes for sale dropped by over 57% in a two-year period, causing prices to jump 25% from December 2019 to December 2021, according to Realtor.com. Housing Markets.

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FEBRUARY 8, 2022

How a Housing Shortage and High Prices Are Hurting the Middle Class. Home prices are quickly exceeding home buyer budgets as limited inventory pushes affordability further out of reach. Tue, 02/08/2022 - 11:22. That amounts to a supply of just 245,300 affordable homes nationally for middle-class buyers.

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APRIL 19, 2021

The Housing Market's High Risk, High Reward. The housing market has reached the high risk/high reward part of the cycle, and John Burns Real Estate managing principals Ken Perlman and Lesley Deutch call out the opportunities that can lead to those rewards . Resale home inventories are down 45%. Mon, 04/19/2021 - 11:35.

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APRIL 23, 2021

March marked the 109th consecutive month of yearly gains for existing home prices for all housing types while sales dropped nearly 4% from the previous month, reports the National Association of Realtors. Housing market activity dipped 3.7% increase from March 2020. March's inventory increased 3.9% million, a 12.3%

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