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A Return to Seasonal Buying Patterns Depends on Increased Inventory

Pro Builder

A Return to Seasonal Buying Patterns Depends on Increased Inventory. Seasonal homebuying patterns have been entirely upended by the COVID-19 pandemic as tighter inventory pushes house hunters into a year-round frenzy, and according to Realtor.com, that trend could continue throughout 2022. Housing Markets. New-Home Sales.

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These 13 Housing Markets Could See Decelerating Prices

Pro Builder

These 13 Housing Markets Could See Decelerating Prices. After consecutive price gains amid limited inventory, some markets are becoming too hot for buyers to handle. Housing Markets. Housing Markets. Thu, 03/17/2022 - 10:22. Lewiston, Maine; Modesto, Calif.; Muskegon, Mich.; Pittsfield, Mass.; Prescott, Ariz.;

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Redfin August Report: No Slowdown for the Housing Market

Pro Builder

Redfin August Report: No Slowdown for the Housing Market. For the four week period ending August 30, the housing industry saw more record breaking median home price increases and home inventory shortages. The majority of my recent buyers have been people moving here from out of state: California, Washington and Oregon.

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A Record Share of U.S. Homes Are Worth $1 Million or More

Pro Builder

in February as a lack of inventory drives up sale prices. homes were valued at $1 million or more in February, and some metros are reporting a majority of total housing stock in the million dollar range, Forbes reports. Housing Markets. Housing Markets. Fri, 03/11/2022 - 10:40. A record 6 million U.S. New-Home Sales.

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One Expert’s Solutions for a Frenzied U.S. Housing System

Pro Builder

Housing System. According to housing expert Jenny Shuetz, too many houses are built where they shouldn’t be, and not enough are constructed where demand is high. While inventory is being added to locations prone to extreme weather emergencies, supply remains low in urban areas reporting high demand, Fast Company reports.

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Bay Area Tech Workers Flee to Lake Tahoe, Dramatically Reducing Housing Supply

Pro Builder

Bay Area Tech Workers Flee to Lake Tahoe, Dramatically Reducing Housing Supply. Lake Tahoe, a peaceful retreat on the edge of California and Nevada, has been swarmed with tech workers fleeing the dense, pricey San Francisco area. cbroderick. Thu, 07/30/2020 - 09:26.

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Spring Housing Market Listings 200,000 Lower Than Average

Pro Builder

Spring Housing Market Listings 200,000 Lower Than Average. This spring’s housing market is poised to put 2020’s hectic market to shame as home listings drop 200,000, says CNBC. The only major cities seeing gains in inventory were San Jose, California, and San Francisco and Denver. . cbroderick. Mon, 03/08/2021 - 09:19.