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What Was September Like in Denver, Las Vegas, and San Diego?

Pro Builder

What Was September Like in Denver, Las Vegas, and San Diego? Inventory in San Diego is at an all time low, whereas inventory in Denver is up 107% (about double) from the all time low in March of this year. Las Vegas inventory is up 74% from the record low in April. Thu, 10/07/2021 - 11:02.

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Local Housing Markets Report Low Inventory in October

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Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Housing inventory could increase on a year-over-year basis during the winter months, but will still remain at historically low levels, says Bill McBride in the CalculatedRisk Newsletter. .

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Could the Fall Season Bring a Cooler Housing Market?

Pro Builder

August welcomed slower housing price growth and increase in inventory, prepping the cooler fall season for a cooler housing market. The largest drop-offs were in Buffalo, San Diego and San Francisco. . Available housing inventory continued its upward trajectory for the fourth straight month, rising 4.1% cbroderick.

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These Mid-Pandemic Homebuying Hotspots Are Slowing at the Start of 2023

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After posting steady growth throughout the pandemic, markets such as Denver, Las Vegas, and San Diego saw unchanged median sales prices in December, while active inventory rose from 38% year-over-year in January to 138% year-over-year in December, according to the CalculatedRisk Newsletter. . in December. Housing Markets.

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10 of the Hardest Metros to Snag a Home

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market while housing inventory is down, resulting in a competitive market, but these metros are the most competitive. SmartAsset identified the hardest places to purchase a home in America by analyzing the affordability, inventory, and pricing levels of the top 50 U.S. San Diego-Chula Vista-Carlsbad, CA.

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How Low Will Home Prices Go?

Pro Builder

In the wake of a housing reset, experts adjusted their forecasts to follow a slower growth pattern throughout the remainder of 2022, but as prices reach unsustainable highs and inventory falls to a historic low, Goldman Sachs economists are now calling for “home price growth to stall completely” in 2023, the CalculatedRisk Newsletter reports.

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Almost 6,000 U.S. Homes Have Sold for at Least $100,000 Above Asking Price in 2022

Pro Builder

Elevated competition from rising mortgage rates and low inventory is driving up sale prices in popular metros like Los Angeles, where 718 homes sold for at least $100,000 above the asking price from January 1 to February 15, Redfin reports. Los Angeles tops the list, followed by Oakland, San Jose, Anaheim, San Francisco, and San Diego.