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Forbearance Exits Expected to Add Inventory

Pro Builder

Forbearance Exits Expected to Add Inventory. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. This not only benefits the market’s inventory problem, but homeowners can benefit from the significant price appreciation.

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Local Housing Markets Report Low Inventory in October

Pro Builder

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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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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As Spring Buying Season Approaches, Inventory Drops

Pro Builder

As Spring Buying Season Approaches, Inventory Drops. Buyers entering the housing market in the spring buying season will face difficulties as housing inventory dropped nearly 50% compared to 2020. The Washington Post reports the number of homes for sale in February 2021 was 48.6% cbroderick. Thu, 03/25/2021 - 10:09. percent).

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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. Mon, 03/07/2022 - 10:28.

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January Homes Sold at a Record Pace Despite Low Inventory

Pro Builder

January Homes Sold at a Record Pace Despite Low Inventory. Meanwhile, markets like Minneapolis, Richmond and Washington, D.C., Thu, 02/10/2022 - 09:35. Buyers persevered in an unconventional January market with unyielding price gains and a waning supply of homes. saw the time on the market increase slightly.

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Doosan Opens Distribution Parts Center in Washington

Construction Equipment

Doosan opened its second North American parts distribution center in Lacey, Washington. This distribution center triples the company’s parts inventory, benefitting dealers and customers in the Western U.S. and Canada, according to the company. The Lacy facility is designed for genuine Doosan parts…