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Home Inventory Levels: US Cities With the Most—or Fewest—Homes for Sale

Pro Builder

Home Inventory Levels: US Cities With the Most—or Fewest—Homes for Sale ldeakins Mon, 06/05/2023 - 10:58 While for-sale inventory is rising slowly but steadily nationwide, many markets remain undersupplied and overpriced on a year-over-year basis The U.S. Inventory remains tight in cities such as San Jose, Calif.,

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Housing Market Shows First Signs of Normalizing in 2023—Here’s What That Means for Homebuyers

Pro Builder

Housing Market Shows First Signs of Normalizing in 2023—Here’s What That Means for Homebuyers. Sidelined buyers who have been waiting for price reductions and a boost in for-sale inventory may find opportunities for homeownership in 2023. saw the biggest increase in active inventory, up 226.2% Nashville, Tenn.

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Active Inventory Is on the Rise in These US Metros, but New Listings Are Slowing

Pro Builder

Of the 40 markets tracked in Bill McBride’s CalculatedRisk Newsletter, Denver, Las Vegas, and Nashville, Tenn., posted the strongest annual inventory gains of 208.2%, 231.6%, and 191.2%, respectively. Read more Housing Markets New-Construction Projects Housing Markets

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Home Price Gains Expected in Unseasonably Warm Winter Housing Market

Pro Builder

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. The fastest was in Nashville (2.6%), Orlando (2.4%) and Atlanta (2.3%). . Inventory was up year-over-year in Austin (+18.6%) and Washington, D.C. (+2.1%).

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January Homes Sold at a Record Pace Despite Low Inventory

Pro Builder

January Homes Sold at a Record Pace Despite Low Inventory. Prospective home buyers are facing record low existing supply as well as a lack of new listings in a fast-selling market, particularly in metropolitan areas like Denver and Nashville, where homes are selling in an average of just 35 and 29 days, respectively. Housing Markets.

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Boise, Phoenix Prep for Big Changes Ahead After Years of Record Home Sales

Pro Builder

The nation's hottest housing markets aren't so hot anymore. Overpriced metros like Boise and Phoenix are seeing prices drop, sales slow, and inventory levels surge amid a major market cooldown. Regional housing markets that became the most detached from underlying economic fundamentals are now cooling the fastest.

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Zillow’s October 2021 Market Report

Pro Builder

Why the housing market may finally be cooling off. Low housing inventory and home value appreciation signal a cooling market despite year-over-year highs for the month of October, Zillow reports. Louis (0.4%), while the fastest was in Raleigh (2.7%), Nashville (2.4%) and Atlanta (2.3%). Housing Markets.