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Monthly Housing Inventory Drop Improved Slightly in April

Pro Builder

Monthly Housing Inventory Drop Improved Slightly in April. Back in March, there were signs of a possible upturn in inventory for the month of April, yet housing inventory dipped 1.4% Back in March, there were signs of a possible upturn in inventory for the month of April, yet housing inventory dipped 1.4%

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Housing Inventory Shows Promising Signs of Potential Rebound

Pro Builder

Housing Inventory Shows Promising Signs of Potential Rebound. Housing inventory began to show its first signs of a rebound in March when stock took a much shallower dip and even increased from February in some markets. For-sale inventory dropped 1.1% For-sale inventory dropped 1.1% cbroderick. Fri, 04/23/2021 - 10:10.

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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. decline in home prices for 2023.

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Thomas Beadel on Splitting Lots and Doubling Inventory

Pro Builder

Thomas Beadel on Splitting Lots and Doubling Inventory. The business model for Thomas James Homes' Trademark by TJH brand brings more opportunities for buyers in neighborhoods where inventory is tight. to Silicon Valley and Seattle by splitting single parcels and building side-by-side duplexes. Wed, 09/30/2020 - 06:00.

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Buyers Are Plotting Their Return the For-Sale Market, but This Hurdle Could Keep Them at Bay

Pro Builder

Though a spring thaw has builders and buyers optimistic for a more active market in 2023, experts warn that a lack of for-sale inventory could keep prices high even in the midst of a widening market correction. He is the chief economist for the Seattle-based brokerage Windermere Real Estate, which operates in 10 Western states.

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These Pandemic Boomtowns Are Cooling Down in 2023

Pro Builder

buyers in pandemic boomtowns are navigating low inventory, elevated home prices, and inflated borrowing costs, but tech layoffs and falling stocks are adding an additional obstacle. and that sudden cooldown isn’t just the result of recent banking turmoil or a shaky stock market. Along with house hunters in other parts of the U.S.,

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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.