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Here Are the Cities With the Highest Inventory—and Those With the Lowest

Pro Builder

Here Are the Cities With the Highest Inventory—and Those With the Lowest. In January 2022, a total of just 408,922 listings made up the entire housing supply for a country of more than 332 million people, and inventory is still declining, Realtor.com reports. Fri, 02/11/2022 - 10:08. So where did all the homes go? Housing Markets.

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An Influx of Buyers Nearly Dries Out Palm Beach's High-End Inventory

Pro Builder

An Influx of Buyers Nearly Dries Out Palm Beach's High-End Inventory. 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. Southern Florida is experiencing a booming market in general right now, Miami’s home prices jumped 42% in the quarter as a result.

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Florida, Ohio Among the Nation's Most Overvalued Housing Markets

Pro Builder

Florida, Ohio Among the Nation's Most Overvalued Housing Markets. As more Americans migrate from major cities like New York and San Francisco, states like Florida, Ohio, and Idaho are seeing higher populations as well as much higher prices. Thu, 01/27/2022 - 10:29. Among the 33 most inflated U.S.

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Housing Market Outlook: Should Buyers Wait it Out?

Pro Builder

Almost two-thirds of June listings resulted in bidding wars, and buyers continue to sweeten their offers by offering vacations and even crypto, but inventory remains low. Hale said, the late summer is a good time to buy, particularly in mid-September, with inventory often dropping around the winter holidays. Historically, Ms.

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Home Prices Rise at the Fastest Rate on Record

Pro Builder

After nearly two years of relentless gains, home-price growth gradually decelerated in the fall of 2021, but constrained inventory and uninhibited demand led to sharp price increases at the start of 2022. The Case-Shiller national home price index logged a 19.2% We should not see rapid upticks in prices as mortgage rates rise.

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In Pursuit of Affordability, Homebuyers Are Heading to Cities With the Biggest Climate Risks

Pro Builder

"Climate risks haven't yet stopped many homebuyers from moving into areas that don't have enough water, like Phoenix, and places that could eventually be underwater, like coastal Florida," Redfin Chief Economist Daryl Fairweather said.

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Migrating Americans Are Driving Up Home Prices in Popular Metros

Pro Builder

Remote workers and movers motivated by the pandemic are flocking to Sun Belt cities like Phoenix, where prices are peaking and inventory is declining. Migrating Americans Are Driving Up Home Prices in Popular Metros. Tue, 02/08/2022 - 12:10. Regional Builders. Market Data + Trends. Market Data + Trends.

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