...of Leaf Home. "With an aging and ignored inventory of homes available in the next decade, we may see a crisis that will overwhelm the home improvement industry and strain...
Read More »Search Results for: inventory
Existing-Home Sales Fall to 30-Year Low
...bottom before inevitably turning higher in the new year," said NAR Chief Economist Lawrence Yun. "Mortgage rates are meaningfully lower compared to just two months ago, and more inventory is...
Read More »Builder Sentiment Surges, But Challenges Lie Ahead
...2024, adding much-needed inventory to the market. However, builders will face growing challenges with building material cost and availability, as well as lot supply.” Even as mortgage rates have fallen...
Read More »Which Cities Does Gen Z Have the Best Chance at Homeownership?
...Price Difference: to understand how home 2023 prices are more impactful compared to 2022. Inventory (per 10,000 residents): to evaluate how many housing options are available. Share of Homes Sold...
Read More »Housing Stock on the Rise Nationwide
...Huey. “With the nation facing a considerable housing shortage, boosting new home production is the best way to ease the affordability crisis, expand housing inventory, and lower inflation.” Privately‐owned housing...
Read More »Affordability, Inventory Still Weighing on Gen Z
Little changed quarter-over-quarter as just 26.3% adult Gen Zers owned their own home in 2023, up from 26.2% in 2022 according to a new report from Redfin. Meanwhile, the homeownership...
Read More »Lenders Cannot Afford to Ignore Affordable Lending
...they want, there are still options. Borrowers can consider renovations as a way to help them create the best home that fits their needs. This is especially helpful when inventory...
Read More »Mortgage Rate Lock-In Effect Starting to Slip
...year ago. Monthly mortgage payments, which align with home prices and interest rates, are now down $143 from peaks seen in October, rendering them “affordable” again. In addition, while inventory...
Read More »Empty-Nest Baby Boomers Own the Largest Share of Big Homes
...ease—so even though there won’t be a flood of inventory, there will be a trickle,” said Bokhari. To read the full report. including more data, charts, and methodology, click here....
Read More »Mid-Atlantic Region Continues to Find New Highs
...sales last month, which was just 0.7% below numbers reported in November 2022. Looking at inventory numbers, listings have declined for six consecutive months, and month-end active listings were down...
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