Tag Archives: Housing Inventory

After two consecutive months of decline, existing-home sales rebounded in February rising 3 percent, according to the existing-home sales report released by the National Association of Realtors (NAR) ...

The National Association of Realtors (NAR) will publish the data on the sale of existing homes for February, on Wednesday, March 21, at 10 a.m. EST. The monthly ...

Potential homebuyers are having their plans hampered by limited availability and affordability, leading some to reconsider staying in their current home and renovating instead. That’s according to a ...

Earlier this week the homebuilder announced it was merging with CalAtlantic group—a transaction valued at $9.3 billion. Lennar says this move will have rippling benefits for the market at large.

As the economic cycle matures, it will become more important to pay attention to imbalances in the economy. We spoke to one expert on what to expect when the supply isn’t meeting demands.

As home inventory sits near post-recession lows, many hypotheses circulate on why there are so few homes for sale today. What are the leading theories behind this issue?

For the fifth month in a row, home prices have set a national record—and with high demand and strapped inventory, that trend’s likely here to stay. But does it mean another crash is on the horizon? Analysis released today may have the answer.

Housing inventory is so limited, even Google has taken notice. On Wednesday, the technology giant announced its own efforts to alleviate the ever-tight (and ever-expensive) housing market of Silicon Valley through an investment in modular housing. The company will purchase 300 modular home units from startup Factory OS, a deal Factory’s CEO says is worth $25 to $30 million. Housing prices in Google’s home base San Francisco have risen nearly 100 percent since 2009, and inventory has been dropping steadily over the past year, driving demand—and prices—even higher. Year-to-date, home prices in the city have appreciated 5 percent—the second-most of all major U.S. markets.

New data shows rents are steadily increasing, and with increasingly tight housing inventory, those rents will likely get even higher as potential buyers are driven toward renting. Experts expect rents to increase 1.5 percent by the end of the summer. They’ve already grown more in five months of 2017 than all of 2016 combined.

With rising home prices and mortgage rates, new construction, and income growth will be vital to keeping buyers interest in the market.