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Homebuying Activity Returns as Inventory Increases

Pro Builder

Homebuying Activity Returns as Inventory Increases. Fri, 07/30/2021 - 09:36. An uptick in homebuying activity in June after months of decline shows slowed buying activity resulted from low inventory, says the National Association of Realtors (NAR). June housing inventory was up 3.3% cbroderick. Respectively, 8.1%3

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Forbearance Exits Expected to Add Inventory

Pro Builder

Forbearance Exits Expected to Add Inventory. Tue, 08/10/2021 - 09:37. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. months of inventory to come as a result. cbroderick. For context, this additional 0.40

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Homeowners in Luxury Markets Are Seeing Major Equity Gains

Pro Builder

Homeowners in Luxury Markets Are Seeing Major Equity Gains. Tue, 12/28/2021 - 14:04. In luxury markets like San Diego, some residents are reporting record gains in home equity wealth. year-over-year increase in home equity during the third quarter of 2021. This moved equity gains to another record high.

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Nearly Half of All U.S. Homes Were Equity-Rich in the First Quarter of 2022

Pro Builder

Homes Were Equity-Rich in the First Quarter of 2022. Equity-rich homeowners are cashing out and leaving pricey markets to buy new homes in low-cost states. A red-hot housing market is pushing home values to new highs, and a subsequent increase in equity wealth is motivating some homeowners to relocate, according to The New York Times.

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With Limited Inventory, Buyers Are Competing for an Aging Housing Stock

Pro Builder

With Limited Inventory, Buyers Are Competing for an Aging Housing Stock. As a result, inventory is disappearing, and buyers are facing record high prices and a tight competition for a limited supply of existing homes rather than new construction. Wed, 02/09/2022 - 10:21.

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Experts Predict Another Seller’s Market in the Year Ahead

Pro Builder

Tue, 12/28/2021 - 10:10. Buyers who found no luck in 2021 may run into yet another tough market in the months to come. Higher home values boosted equity for homeowners during the pandemic, making the market much more competitive and less affordable for first-time buyers into the start of 2022, according to CNET.

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Steady Housing Market Expected as Foreclosure Protections Expire

Pro Builder

Tue, 09/21/2021 - 11:13. Few experts polled anticipate foreclosed homes will be adding to housing inventory. Rather the largest single source of inventory, almost 40%, will come from existing homeowners selling and moving into a different residence. Steady Housing Market Expected as Foreclosure Protections Expire.

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