...Healthy Dose of Optimism As potential homebuyers continue to navigate higher interest rates and lower inventory, current homeowners are optimistic about the equity building in their homes. Some 83% of...
Read More »Search Results for: inventory
Are Mortgage Rates Poised to Fall?
...the real estate market and his predictions on the short-term outlook of the market. He explained that high mortgage rates and low inventory have dominated 2023, saying, “Twenty-year-high mortgage rates...
Read More »Soaring Down Payments Restrict Homebuyers Nationwide
...trends and housing market competitiveness help explain the finding. Home shoppers faced limited for-sale inventory as homeowners opted to stay put rather than list their homes for sale amid elevated...
Read More »FHA Helped 765,000 Families Purchase Homes in FY 2023
...the housing market in a time of high rates, high prices, and low inventory. “My best advice is to enter the housing market when you personally feel ready to buy...
Read More »Home Sellers Drawing in Buyers With Concessions
...historically low housing inventory, which is fueling competition in some areas. Inventory is tight because many homeowners are reluctant to put their homes on the market since selling and buying...
Read More »Home Values Falling in Most of the U.S.
Despite mortgage rates reaching 23-year highs, low inventory levels are spurring surprisingly strong competition, according to Zillow's latest market report. Depleted inventory stocks are gradually recovering, and price appreciation is...
Read More »Median Homebuyer Income Jumps $20K YoY
...Eighty-nine percent of home sellers worked with a real estate agent to sell their home–an increase from 86% the year prior. "While the housing market had limited inventory and home...
Read More »Significant Lack of Inventory Adds to Barriers of Black Homeownership
...so tight that prices are artificially high. Clearly, there is a connection between the lack of inventory and the inability to increase Black homeownership substantially. It’s time for key components...
Read More »Is Now an Ideal Time to Buy a Home?
...there have been other glimmers of hope emerging for buyers as well. While overall nationwide housing inventory remains low, there has been an unseasonal uptick in the total number of...
Read More »Increasing Rental Inventory Fuels Rise in Vacancies
...rental market has cooled as there’s a lot of new inventory, which means landlords are grappling with rising vacancies and have less leverage to raise rents. That’s the reverse of...
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