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

Pro Builder

posted the strongest annual inventory gains of 208.2%, 231.6%, and 191.2%, respectively. Though active inventory is rising at a steady pace, new listings are falling in those same metros thanks to cooler demand from local buyers. New listings were down 17.8% year-over-year in Denver and 24.2% in Las Vegas.

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These Are the Cities Seeing the Biggest Boosts in Housing Inventory

Pro Builder

These Are the Cities Seeing the Biggest Boosts in Housing Inventory ldeakins Mon, 04/03/2023 - 10:53 For-sale housing inventory is rising the fastest in these Western metro areas. The majority of cities with the largest year-over-year inventory increases are located in the West and South regions, led by Aurora, Colo.,

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These Are the Cities Seeing the Biggest Boosts in Housing Inventory

Pro Builder

These Are the Cities Seeing the Biggest Boosts in Housing Inventory ldeakins Mon, 04/03/2023 - 10:53 For-sale housing inventory is rising the fastest in these Western metro areas. The majority of cities with the largest year-over-year inventory increases are located in the West and South regions, led by Aurora, CO, with a 115.6%

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These Oversupplied Metros Could See Major Price Drops by Late 2024

Pro Builder

Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. decline in home prices for 2023. Read more Housing Markets Market Data + Trends Housing Markets

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Metro Denver and Colorado Springs Inch Into the 10 Least Affordable U.S. Housing Markets

Pro Builder

Metro Denver and Colorado Springs Inch Into the 10 Least Affordable U.S. With rising demand and inadequate regional supply, Colorado metros like Denver are seeing home price gains topping 20%. . Housing Markets. Tue, 03/08/2022 - 10:23. The Denver Post reports. The Denver Post reports. in January, [Patrick] Kearnes said.

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Migrating Americans Are Driving Up Home Prices in Popular Metros

Pro Builder

Migrating Americans Are Driving Up Home Prices in Popular Metros. Remote workers and movers motivated by the pandemic are flocking to Sun Belt cities like Phoenix, where prices are peaking and inventory is declining. According to Redfin, 31% of online users expressed interest in moving to another metro in 2021, up from 25.6%

Metro 105
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Homebuyers Brace for Big Changes Ahead as Inventory Climbs and Sellers Slash Prices

Pro Builder

Homebuyers Brace for Big Changes Ahead as Inventory Climbs and Sellers Slash Prices. metros climbed 41% in July, especially in popular cities like Phoenix, Austin, and Raleigh, where inventory rose 158.7%, 154.5%, and 137.5%, respectively. Tue, 08/09/2022 - 10:15. Here's what that might mean for prospective buyers.