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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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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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What To Expect From a 2022 Housing Market

Pro Builder

Wed, 11/17/2021 - 10:13. Though home prices will continue to rise, they may grow at a slower pace than in 2021 as more potential buyers are priced out and demand weakens. . Though home prices will continue to rise, they may grow at a slower pace than in 2021 as more potential buyers are priced out and demand weakens. .

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Third Quarter Metro Affordability Report Reveals a Tight Market for First-Time Buyers

Pro Builder

Mon, 12/06/2021 - 16:25. In the third quarter of 2021, price growth began to normalize after months of record highs and inventory rose slightly across the nation, but first-time buyers still struggled in a competitive seller’s market, according to NerdWallet. Average quarterly home prices were listed at 5.3 Housing Markets.

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How Employer-Assisted Housing Programs Are Paving a Path to Homeownership

Pro Builder

The rate of homeownership fell to just 38% for first-time buyers in 2021 as a result of record high housing costs, record low inventory, and stagnant wage growth across the U.S. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases.